WATCH THE VIDEO HERE THE Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦890 to ₦825 per litre, effective February 27, 2025. In a statement released today , the refinery confirmed a ₦65 price cut and outlined new retail prices at MRS stations. Under the revised pricing structure, petrol will be sold at ₦860 per litre in Lagos, ₦870 per litre in the South-West, ₦880 per litre in the North, and ₦890 per litre in the South-South and South-East. Similarly, fuel prices at AP (Ardova Petroleum) and Heyden stations will be ₦865 per litre in Lagos, ₦875 per litre in the South-West, ₦885 per litre in the North, and ₦895 per litre in the South-South and South-East. The company assured the public of a stable fuel supply, with adequate reserves to meet local demand and surplus for export to strengthen the country’s foreign exchange earnings. It also encouraged marketers to support the initiative to ensure Nigerians benefit fully from the price adjustment.
LAGOS: Dangote refinery lowers petrol price to ₦860 per litre
