The Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, to N825 per litre, down from the previous N835.
This marks the second consecutive price reduction in recent weeks. In April, the refinery lowered the price from N865 to N835 per litre.
Industry sources suggest the latest adjustment is aimed at enhancing market competitiveness and delivering greater value to consumers as the refinery expands its presence in Nigeria’s domestic fuel market.
RN
