Dangote Refinery on Wednesday, February 26, 2025 crashed its petrol ex-depot prices again by N65 per litre after reducing diesel prices by N55 last week.
The refinery announced that its ex-depot prices have reduced from N890 to N825.
Dangote explains reasons for crashing petrol prices
The new price shows a reduction of N65 per litre and will become effective from February 27, 2025.
According to a statement released on X, the Dangote group said the price is designed to provide essential relief to Nigerians in anticipation of the upcoming Ramadan season.
It added that the new price supports President Bola Ahmed Tinubu’s economic recovery policy by alleviating the financial burden on the Nigerian populace.
Dangote also revealed that Nigerians will be able to purchase high-quality Dangote petrol at the following prices in all our partners’ retail outlets.
The giant refinery partners with MRS Oil and gas stations to ensure that consumers buy the product at an affordable price.
Dangote refinery supplies 60% of Nigeria’s petrol The recent crash in PMS prices by the Dangote Refinery will force Nigerians to troop to various filling stations to buy the Dangote Petrol.
Recently, a report by S&P Global showed that about 60% of Nigeria’s petrol supply comes from the Dangote Refinery, which is preparing to reach full refining capacity in a few days.
An official of the Dangote Refinery disclosed that the facility was producing about 37 million litres of petrol daily and was at over 85% production capacity.
The report by S&P Global said the 200,000 barrels of crude per day would meet the majority of Nigeria’s estimated 350,000 barrels per day of petrol demand.
Where to Buy Cheap Petrol at N860
MRS Holdings stations:
- Lagos – N860 per litre
- South-West – N870 per litre
- North – N880 per litre
- South-South/South-East – N890 per litre
AP (Ardova Petroleum) & Heyden stations:
- Lagos – N865 per litre
- South-West – N875 per litre
- North – N885 per litre
- South-South/South-East – N895 per litre
Dangote Petroleum Refinery assured consumers of a steady supply of petroleum products, with sufficient reserves to meet domestic demand and surplus production for export, contributing to Nigeria’s foreign exchange earnings.
