The Dangote Group has announced a reduction in the price of its Premium Motor Spirit (PMS), lowering it to N970 per liter from its previous rate of N990 per liter. This adjustment comes as part of the refinery’s effort to support Nigerian consumers and marketers amid rising fuel price tensions. The announcement was made in a statement by Anthony Chiejina, the Group’s Chief Branding and Communications Officer, on Sunday.
Chiejina explained that this price reduction reflects the refinery’s commitment to offering competitive pricing while maintaining premium product quality. Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025 ) opens registrations; register today for early bird discounts. Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and i nvest in Africa’s finest startups here . He stated: “Dangote Petroleum Refinery has effected a reduction in the prevailing price of its Premium Motor Spirit (PMS) from N990/liter to N970/liter for the marketers. As the year comes to an end, this is our way of appreciating the good people of Nigeria for their unwavering support in making the Refinery a dream come true.
” The statement also reassured consumers of the quality of Dangote’s PMS, highlighting its environmentally friendly and sustainable properties. Chiejina added that the refinery is determined to ramp up production to meet domestic fuel consumption needs, reducing fears of supply shortages. “While the refinery would not c.