Breaking News
Dangote Refinery reduces fuel price, sells at ₦899.50 per litre
The reduction in petrol prices and the introduction of innovative consumer incentives signal Dangote Refinery’s commitment to easing the financial burden on Nigerians during the holiday season while setting new standards for product quality and service delivery.
Dangote Petroleum Refinery has announced a reduction in the ex-depot price of its premium motor spirit (PMS), commonly known as petrol, to ₦899.50 per litre.
Anthony Chiejina, Group Chief Branding and Communications Officer of the Dangote Group, made this announcement in a statement on Thursday.
“Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to below ₦900 per litre to provide much-needed relief for Nigerians ahead of the holiday season,” Chiejina stated.
The privately-owned refinery, Africa’s first of its kind, had previously reduced the price to ₦970 per litre on November 24. The new price adjustment is part of efforts to ease transportation costs during the festive period.
In addition to the price reduction, the refinery has introduced a special offer for consumers. For every litre of petrol purchased with cash, customers will be allowed to buy an additional litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank.
“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at ₦899.50 per litre at our truck loading gantry or Single Point Mooring (SPM) facility,” Chiejina said.
Chiejina emphasized the refinery’s dedication to providing Nigerians with high-quality petroleum products at competitive prices, ensuring they are environmentally and engine-friendly.
He also highlighted the significant impact of the refinery’s operations on the Nigerian market, marking the end of the country being a dumping ground for substandard and blended imported fuel products.
These low-quality imports have historically posed risks to human health, machinery, and the environment.
The reduction in petrol prices and the introduction of innovative consumer incentives signal Dangote Refinery’s commitment to easing the financial burden on Nigerians during the holiday season while setting new standards for product quality and service delivery.
Fayose’s Thank You Message To Obasanjo: Uncouth, Unthinking And UnAfrican -By Isaac Asabor
Obasanjo, for his part, responded with a pointed but dignified jab, thanking Fayose for revealing his true nature and promptly...
Why Nigeria Must Act Now or Face the Consequences: The Wake-Up Call of the U.S. Religious Freedom Accountability Bill 2025 -By James Ezema
And to the Nigerian people—Christians, Muslims, and traditionalists alike—this moment demands unity, not division. Petition your lawmakers, demand justice, and...
Africa’s Mining Industry: New Opportunities for Cooperation with Russia and China -By Kestér Kenn Klomegâh
The Chinese delegation played a significant role in the event. Participants included Sun Yongjun, First Secretary of the Embassy of...
The Yerima Effect: How A Naval Officer’s Stillness Destroyed Wike’s Political Weapons, Collapsed His Judicial Shield, And Taught A Young Democracy To Stop Fearing Strong Men -By Prof. John Egbeazien Oshodi
The Ministry of Defence publicly defended the officer, not Wike. They stated clearly that Yerima acted within lawful authority. That...
Aso Rock and Kitoye Ajasa’s Lickspittle Press -By Festus Adedayo
To demonstrate their opprobrium for Ajasa’s leaflet, the Nigerian Pioneer newspaper, the people scoffed at it on the newsstand. To Ajasa’s contemporaries, his...