The Digest:
Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N850 to N820 per litre. The move, effective from August 12, 2025, is part of the company’s commitment to national development.
Key Points:
- Dangote Petroleum Refinery reduces PMS price by N30 per litre, effective August 12, 2025
- New price: N820 per litre, down from N850
- The refinery ensures an uninterrupted petroleum product supply
- The company will begin deploying 4,000 CNG-powered trucks for distribution nationwide by August 15, 2025
- Petroleum marketers expected to follow suit with price reductions
- Retail price in Abuja ranges between N885 and N970 per litre
- The refinery reaffirms its commitment to operational excellence and sustainable energy solutions
The reduction in fuel price by Dangote Refinery is a significant move towards making fuel more affordable while enhancing nationwide distribution efficiency through sustainable energy solutions.
Sources: Daily Post
