Nigeria: Dangote Refinery Reduces Petrol Price
- The Dangote Refinery has lowered the ex-depot price of Premium Motor Spirit to N835 per litre, reducing it by N30 from the previous rate of N865.
- Retail prices at filling stations are expected to drop below N940 per litre in the coming days, following the price cut.
- The Nigerian Ports Authority approved marketers to import 117,000 metric tonnes of petrol, equivalent to nearly 157 million litres.
- Dangote's price cuts may relieve consumer pressure amid persistent inflation and energy costs in Nigeria.
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36 Articles
Dangote Refinery reduces petrol price
Mr Chiejina explained that these price reductions reaffirm the company’s commitment to providing high-quality petrol at affordable rates, benefiting consumers across the nation. The post Dangote Refinery reduces petrol price appeared first on Premium Times Nigeria.
Dangote slashes petrol price again, drops ex-Depot rate
The Dangote Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS) to N835 per litre, marking a fresh N30 cut from the previous rate of N865. The change, communicated to marketers on Wednesday morning, signals the second fuel price drop in under a week by the $20 billion facility. Retail prices at affiliated filling stations, such as those operated by MRS, are expected to reflect the reduction in the coming days, with pump rates l…
JUST IN: Dangote reduces petrol price again, second time in six days - Daily Trust
Dangote Petroleum Refinery and Petrochemicals has further reviewed its ex-depot (gantry) loading cost of Premium Motor Spirit (PMS), commonly known as petrol. The new price is set at N835 per litre, down from N865 per litre implemented six days ago, marking a 3.5 per cent decrease. The company informed its customers of the price reduction via a notice on Wednesday. This price slash marks Dangote’s third downward adjustment under six weeks. Previ…
Dangote Refinery Slashes Petrol Price Again to N835/Litre
IBEJU-LEKKI, Nigeria – In a notable move that will impact the Nigerian petroleum market, the Dangote Petroleum Refinery has reduced the ex-gantry price of Premium Motor Spirit (PMS), commonly known as petrol, to N835 per litre. This marks the second price cut within a week, following an earlier reduction to N865 per litre six days ago. Sources within the refinery confirmed the price change, which reflects ongoing adjustments in response to marke…
Dangote Refinery's cheaper petrol unsettles marketers, importers - Media Talk Africa
Petroleum products marketers in Nigeria have hinted that they are on track to losing billions of naira following the ex-depot premium motor spirit price reduction announced by Dangote Refinery on Wednesday. The spokesperson of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, disclosed th ...
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