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Dangote Refinery Slashes Fuel Prices Across Nigeria, Issues Update on Petrol Supply

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Dangote Refinery

The Dangote Refinery has announced a reduction in the retail price of Premium Motor Spirit (PMS) ahead of the launch of its direct petrol distribution initiative, now rescheduled to commence on Monday, September 15, 2025.

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Originally slated to begin on August 15, the initiative will see the $20 billion refinery distribute petrol and diesel directly to consumers using its fleet of 4,000 compressed natural gas (CNG) trucks—at no additional logistics cost.

In a new pricing template shared via the Dangote Group’s official X (formerly Twitter) account, the company confirmed that its gantry price remains at ₦820 per litre. However, revised retail prices across various states reflect notable reductions.

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In Lagos and the South-West states of Oyo, Ogun, Ondo, and Ekiti, the retail price has been reduced from ₦860 to ₦841 per litre—a ₦19 drop. For Abuja, as well as the states of Edo, Delta, Rivers, and Kwara, the price has been cut from ₦885 to ₦851 per litre, reflecting a ₦34 reduction.

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These revised rates will become effective from September 15, aligning with the rollout of the direct supply scheme. The refinery clarified that the new pricing is not mandatory for independent petroleum marketers and retailers, except for MRS and other designated distribution partners.

Meanwhile, the company remains in a standoff with the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), which has accused the Dangote Group of reneging on earlier agreements and threatened to resume industrial action. In response, Dangote Group reaffirmed its respect for workers’ rights to union membership, emphasizing that participation in unions remains voluntary.

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