Dangote Petroleum Refinery has slashed its price of Premium Motor Spirit by 25 naira per litre, lowering its ex-depot/gantry rate from 799 naira to 774 naira per litre.
The price adjustment was communicated to marketers, confirming that the new rate takes immediate effect nationwide.
A statement by the refinery said the adjustment strengthens the competitiveness of locally refined products, as the current landing price of imported PMS from Lome stands at about 793 naira per litre, compared to Dangote Refinery’s ex depot price of 774 naira per litre.
