Nigeria Dangote Offers Discounted Petrol at ₦970 Per Litre for Large Orders

Dangote Refinery reduced its petrol price to ₦970 per litre for bulk purchases of at least two million litres. The move, announced via an official flyer, aims to support marketers amid fluctuating fuel costs. Industry experts view this price cut as potentially easing inflation and influencing Nigeria’s fuel market dynamics.
Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), also known as petrol, to ₦970 per litre. However, the offer applies only to bulk purchases of at least two million litres.

This information was shared through a flyer on the company’s official X (formerly Twitter) account. The notice described the fuel as “high-quality” and “environmentally friendly,” highlighting its suitability for vehicles and engines.

The price reduction represents a ₦20 decrease from the previous rate of ₦990 per litre. According to Anthony Chiejina, spokesperson for the Dangote Group, the adjustment aims to support marketers while maintaining the refinery's commitment to delivering high-grade fuel products.

With a production capacity of 650,000 barrels per day, the Dangote Refinery is positioning itself as a key player in Nigeria’s downstream oil market. The reduced price is expected to attract businesses and marketers that require large volumes of petrol, potentially stabilizing market dynamics.

This move comes amid rising concerns about fuel pricing in Nigeria and ongoing efforts to improve local refining capacity. Industry experts believe such reductions could help ease inflationary pressures while providing relief to bulk fuel buyers.

The development underscores the refinery’s role in shaping the country’s energy sector, with stakeholders closely monitoring how this adjustment impacts the broader market and consumer access to affordable fuel.