Dangote Petroleum Refinery has reduced its ex-depot price for Premium Motor Spirit (PMS), fondly called petrol, to N840 per litre.
Dangote refinery announced the reduction via a statement issued by the Chief Corporate Communications Officer of Dangote Group, Anthony Chiejina, on Monday, June 30, 2025.
The reduction represents a N40 decrease from the previous rate of N880 per litre.
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The latest development also follows a recent downward trend in global oil prices, with Brent crude oil falling by 1.54 percent from $68.67 on June 23 to $67.61 before the close of business on Monday.
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