The Dangote Petroleum Refinery has announced a nationwide reduction in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, with new rates now ranging from ₦875 to ₦905 per litre, depending on location.
The refinery made the announcement on Thursday via its official social media channels, confirming a ₦15 reduction per litre across its partner retail outlets nationwide.
The price slash applies to major fuel marketers working with the refinery, including MRS, Ardova (AP), Heyden, Optima Energy, Techno Oil, and Hyde Energy.
Updated Regional Pricing by Marketer (₦ per litre):
MRS
- Lagos: ₦875
- South West: ₦885
- North West & Central: ₦895
- North East: ₦905
- South South & South East: ₦905
Ardova (AP)
- Lagos: ₦875
- South West: ₦885
- North West & Central: ₦895
- North East: ₦905
- South South & South East: ₦905
Heyden
- Lagos: ₦875
- South West: ₦885
- North West & Central: ₦895
- North East: ₦905
- South South & South East: ₦905
Optima Energy
- Lagos: ₦875
- South West: ₦885
- North West & Central: ₦895
- North East: ₦905
- South South & South East: ₦905
Techno Oil
- Lagos: ₦875
- South West: ₦885
- North West & Central: ₦895
- North East: ₦905
- South South & South East: ₦905
Hyde Energy
- Lagos: ₦875
- South West: ₦885
- North West & Central: ₦895
- North East: ₦905
- South South & South East: ₦905
The Dangote Refinery noted that the revised pricing is part of its efforts to improve affordability and ensure consistent fuel availability nationwide. The move is also seen as a significant development in reducing Nigeria’s dependency on imported petroleum products and stabilizing the local market.
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