The Dangote Petroleum Refinery on Sunday announced a reduction in the price of the Premium Motor Spirit (PMS), also known as petrol, to N970 per litre for oil marketers.
The company’s Chief Branding and Communications Officer, Anthony Chiejina, disclosed this in a statement.
He said the decision is the refinery’s way of appreciating Nigerians “for their unwavering support in making the refinery a dream come true.”.
According to the statement, the move is a cut from the refinery’s N990 ex-depot price, which was announced earlier this month.
“In addition, this is to thank the government for their support, as this will complement the measures put in place to encourage domestic enterprise for our collective well-being,” the statement partly read.
“While the refinery would not compromise on the quality of its petroleum products, we assure you of the best quality products that are environmentally friendly and sustainable.
“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption, thus dispelling any fear of a shortfall in supply.”
The slash would help marketers save about ₦20 on each litre of petrol bought from the Lekki-based plant.
