In a transfer more likely to carry some reduction to motorists, the Dangote Petroleum Refinery has introduced a ₦30 slash within the ex-depot value of Premium Motor Spirit (PMS), lowering it from ₦850 to ₦820 per litre.
The value adjustment, which took impact on Tuesday, August 12, 2025, was confirmed in an announcement by Anthony Chiejina, the refinery’s Chief Branding and Communications Officer.
Chiejina described the choice as a part of the corporate’s “unwavering commitment to national development,” including that Nigerians may anticipate a gradual and uninterrupted provide of gas.
Beyond the value reduce, the refinery revealed a major step towards greener logistics.
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Starting August 15, it should start rolling out 4,000 Compressed Natural Gas (CNG)-powered vans for gas distribution nationwide — a transfer the corporate says aligns with its drive for operational excellence and sustainable vitality options.
The announcement comes at a time when gas costs and vitality coverage stay hot-button matters throughout Nigeria, with the Dangote refinery’s choices carefully watched by trade gamers, authorities officers, and shoppers alike.