Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit, PMS, commonly referred to as petrol, by N65.00.
This means the price will drop from N890 to N825 per litre, effective Today, February 27, 2025.
According to Dangote, this adjustment is designed to provide essential relief to Nigerians ahead of the Ramadan season.
A statement by the management of the refinery stated that with the latest reduction, Nigerians will be able to purchase Dangote petrol at the following prices in all partner retail outlets, for MRS Holdings stations, it will sell for N860 per litre in Lagos, N870 per litre in the South-West, N880 per litre in the North, and N890 per litre in the South-South and South-East, respectively.
According to reports, this is the second PMS price reduction in February 2025, following a previous N60.00 decrease earlier in the month.