Again, Dangote refinery reduces petrol price to N835/litre

Dangote refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), fondly called petrol, to N835 per litre.

Dangote refinery announced this via a notice sent to its customers on Wednesday, April 16, 2025.

The new price represents a N30 drop from the previous N865 per litre announced by Dangote refinery six days ago.

It also represents a N45 reduction from the N880 per litre rate recorded last Wednesday – amounting to a 3.5% decrease.

This is Dangote’s third price slash in less than six weeks, signaling a strategic effort to stabilise the market and offer relief to downstream operators and consumers.

NMDPRA: Nigeria’s petrol importation reduced by 29.9m litres in 8 months

The refinery stated that the new price is inclusive of charges by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

The document detailing the revised price structure shows that petrol at the gantry will now sell for N835 per litre, inclusive of NMDPRA statutory levies, while coastal sales remain on hold.

The diesel gantry price is set at $608 plus a $70 surcharge, payable either in naira at N1,650/$ or in USD.

Coastal sales are also on hold. Jet fuel will be sold at $664.75, with a $42 gantry surcharge and a $22 coastal surcharge.

Prices for cooking gas at both gantry and coastal points are currently on hold.

The Star