Naira-for-crude deal, Dangote refinery, Independent marketers, Petrol pump

The Dangote refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), fondly called petrol, from N850 to N820 per litre.

The Dangote Group Chief Branding and Communications Officer, Anthony Chiejina, announced this in a statement issued on Tuesday, August 12, 2025.

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Chiejina stated: “Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit, commonly referred to as petrol, by N30 from N850 to N820 per litre, effective from 12th August 2025.

Dangote refinery begins delivery of CNG trucks for fuel distribution

“As part of our unwavering commitment to national development, Dangote Petroleum Refinery assures the public of a consistent and uninterrupted supply of petroleum products.”

Chiejina added that in line with the company’s dedication to operational excellence and sustainable energy solutions, the refinery would commence the phased deployment of 4,000 Compressed Natural Gas (CNG)-powered trucks for fuel distribution across Nigeria, effective August 15, 2025.

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