Dangote Refinery Cuts Petrol Price Again to ₦835 Per Litre
Dangote Refinery Limited has again slashed the price of its Premium Motor Spirit (PMS), commonly known as petrol to ₦835 per litre.
This follows a recent ₦15 reduction in its loading cost for PMS.
The new price represents a ₦30 reduction from ₦865 per litre implemented six days ago, marking a 3.5 per cent decrease, and a ₦45 drop from the ₦880 per litre sold by the facility a week ago.
This price cut marks Dangote’s third downward adjustment in under six weeks.
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Dangote Refinery reportedly informed the public in a notice sent out on Wednesday morning.
The PMS at the gantry will now sell for ₦835 per litre, inclusive of Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) statutory levies. However the coastal sales of PMS remain on hold.
For diesel, the gantry price is set at $608 plus a $70 surcharge, payable either in naira at ₦1,650/$ or in USD.
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Jet fuel will be sold at $664.75 with a $42 gantry surcharge and a $22 coastal surcharge. Prices for cooking gas at both gantry and coastal points are currently on hold.
