Dangote Petroleum Refinery has reduced the ex-depot (gantry) price of Premium Motor Spirit (PMS), otherwise known as petrol, from N890 to N825 per litre, effective from Thursday, February 27, 2025.
The Dangote refinery reduced the ex-depot price of petrol by N65.
With the reduction, petrol is expected to be sold at N860 per litre in Lagos.
The refinery announced this in a statement on Wednesday, February 26.
The Dangote refinery stated that the petrol price reduction was designed to provide essential relief to Nigerians in anticipation of the upcoming Ramadan season, while also supporting President Bola Tinubu’s economic recovery policy by alleviating the financial burden on the citizens.
Senate: CBN frustrating our investigation on N30trn Ways and Means loan
The refinery added that Nigerians will be able to purchase the refinery’s petrol at the stipulated prices at its partners’ retail outlets.
It said: “For MRS Holdings stations, it will sell for N860 per litre in Lagos, N870 per litre in the South-West, N880 per litre in the North, and N890 per litre in the South-South and South-East respectively.
“The same product will also be available at the following prices in AP (Ardova Petroleum) and Heyden stations: N865 per litre in Lagos, N875 per litre in the South-West, N885 per litre in the North, and N895 per litre in the South-South and South-East.”
First Lady Oluremi Tinubu has fulfilled her N10 million education pledge to 12-year-old Ogun State…
Troops of Operation Enduring Peace have foiled an alleged kidnapping attempt at the residence of…
The Independent National Electoral Commission (INEC) has opposed an application by the African Democratic Congress…
More than two decades after Nigeria Airways was liquidated, the Federal Government has begun settling…
Former Kogi West Senator Dino Melaye has warned the Economic and Financial Crimes Commission against…
American singer T-Pain has taken legal action against Konvict Entertainment, the record label founded by…
This website uses cookies.