The Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, from ₦850 to ₦820 per litre.

Naijaonpoint reports that the price adjustment was contained in a statement on Tuesday by the Dangote Group’s Chief Branding and Communications Officer, Anthony Chiejina.

The statement reads, “Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit, commonly referred to as petrol, by ₦30 from ₦850 to ₦820 per litre, effective from 12th August 2025.”

The refinery reaffirmed its commitment to Nigeria’s economic development, assuring the public of a steady supply of petroleum products.

“As part of our unwavering commitment to national development, Dangote Petroleum Refinery assures the public of a consistent and uninterrupted supply of petroleum products,” it stated.

As part of its sustainability drive, the company announced plans to roll out 4,000 Compressed Natural Gas (CNG)-powered trucks for nationwide fuel distribution.

“We will commence the phased deployment of 4,000 CNG-powered trucks for fuel distribution across Nigeria, effective August 15, 2025,” the statement added.

Naijaonpoint understands that the price reduction comes four days after Dangote increased the ex-depot price of Premium Motor Spirit to ₦850 per litre.

Nigerians will hope that the new price is reflected in the cost of petrol at filling stations.