Dangote Petroleum Refinery has once more announced a reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, from N865 to N835, effective from Wednesday, 16th April 2025. This marks the second price reduction within a week.
High-quality Dangote petrol will now be available at the following prices across all Dangote Refinery partner retail outlets:
- Key partners, including MRS, AP (Ardova), Heyden, Optima Energy, Hyde and Techno Oil, will offer petrol at N890 per litre, down from N920 in Lagos.
- In the South-West, the price will be N900 per litre, reduced from N930.
- In the North-West and North-Central, the price will be N910 per litre, lowered from N940.
- In the South-East, South-South, and North-East, the price will be N920 per litre, down from N950.
According to a statement by Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote Industries, “these consistent price reductions reaffirm our commitment to providing high-quality petrol at affordable rates, benefiting consumers across the nation. In addition, we are working collaboratively with our partners to ensure equitable reflection of this price reduction.
“Dangote Petroleum Refinery has consistently worked to reduce the prices of petrol and other refined petroleum products, ensuring the continued benefit of Nigerian consumers.
“For example, in February, the refinery reduced prices twice by N125. In addition, products such as diesel and Liquefied Petroleum Gas (LPG) have also experienced significant price reductions due to the refinery’s sustained efforts.
“We anticipate that this latest reduction in PMS prices will generate a positive ripple effect throughout various sectors of the economy, providing much-needed relief to consumers and contributing to broader economic growth, particularly during the Easter season”, he noted.
Chiejina further noted that the Dangote Petroleum Refinery remains fully committed to maintaining a consistent supply of high-quality petroleum products. With ample reserves in place, the refinery is well-positioned to meet Nigeria’s domestic needs while also supporting export demands.
He remarked that this strategic approach is aimed not only at stabilizing the local market but also at strengthening the nation’s foreign exchange earnings through increased export activity.
Chiejina further urged industry stakeholders—particularly marketers and distributors—to continue sourcing products directly from the refinery. Doing so, he emphasized in the statement, will ensure that the recent price reductions translate into tangible benefits for consumers across the country.
