JUST IN: Dangote Refinery Reduces PMS Ex-Depot Price to N890

Dangote Petroleum Refinery has lowered the ex-depot price of petrol (PMS) from N950 to N890, effective Saturday, 1st February 2025. This move follows positive trends in the global energy market and a drop in international crude oil prices. The reduction is expected to reduce the cost of goods and services, benefiting the economy.

The refinery urges marketers to ensure these savings are passed on to consumers, supporting Nigeria’s goal of becoming self-sufficient in refined petroleum products under President Bola Ahmed Tinubu’s leadership.