The Dangote Petroleum Refinery has further reduced the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦825 per litre—down from ₦835—as competition heats up in Nigeria’s domestic fuel market.
This marks the second price cut in just over a month. In April, the 650,000 barrels-per-day refinery reduced the price from ₦865 to ₦835 per litre.
According to checks by Vanguard, the latest adjustment is part of a strategic move to offer greater value to customers and strengthen the refinery’s growing dominance in the local petroleum market.
