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Nigeria: Just-in - Dangote Refinery Reduces Petrol Price to N820 Per Litre
Dangote Refinery cut petrol price by N30 per litre and introduced a direct supply model with 4,000 CNG trucks to reduce costs and ensure stable fuel availability, officials said.
- On August 12, 2025, Dangote Petroleum Refinery announced it would lower the gantry price of Premium Motor Spirit from N850 to N820 per litre and plans to roll out 4,000 Compressed Natural Gas trucks beginning August 15 to enhance nationwide fuel distribution.
- This measure addresses persistent fuel scarcity, fluctuating foreign exchange impact on import expenses, and increased production costs amid a deregulated market and changing global crude oil prices.
- The new supply chain approach bypasses conventional intermediaries by using a dedicated fleet to deliver petrol straight to filling stations, industrial clients, and major consumers, incorporating improved logistics and enhanced safety measures.
- Industry leaders like Muda Yusuf and Abubakar Shettima highlighted expected improvements in regional pricing and market competitiveness, with Shettima saying most marketers have registered for the direct supply rollout.
- The initiative aims to stabilize prices, reduce costs, improve fuel access nationwide, and encourage consistent supply despite previous subsidy removals, signaling a transformative shift in Nigeria's fuel distribution landscape.
19 Articles
19 Articles
Nigeria: Just-in - Dangote Refinery Reduces Petrol Price to N820 Per Litre
Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol by N30 from N850 to N820 per litre, effective from 12th August 2025.
Again, Dangote slashes PMS price
The Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N30.00, from N850 to N820 per litre, effective from 12th August 2025. The refinery in a statement said this is part of the refinery’s “unwavering commitment to national development.” Group Chief Branding and Communications Officer of Dangote Industries Limited, Anthony Chiejina, in a statement …
Dangote Refinery Reduces Petrol Price By N30
The Dangote Petroleum Refinery has announced a reduction in the pump price of Premium Motor Spirit (PMS), cutting it by N30 per litre in a move aimed at easing the financial burden on Nigerians and supporting economic stability. The new price adjustment, which took effect immediately after the announcement, has been widely welcomed by fuel [...] Source from InfoStride News
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