Dangote Refinery slashes petrol price to N860/litre in Lagos

Dangote Petroleum Refinery has reduced the ex-depot price of premium motor spirit (petrol), from N890 to N825 per litre. That is N65 reduction per litre following an earlier N60 reduction per litre on February 1.

The refinery, noted that the petrol price has now dropped from N950 per litre in January to N825 per litre, marking a total reduction of N125 per litre in less than a month.

The company emphasized that Dangote Petroleum Refinery has consistently lowered petrol and other refined product prices to benefit Nigerians. The latest reduction of N65 follows a previous reduction of N60 earlier in February. Additionally, in December 2024, during the festive season, the refinery dropped the price of PMS by N70.50—from N970 to N899.50 per litre—to help ease the cost of living.

 

 

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