Dangote Petroleum Refinery & Petrochemicals reaffirms its dedication to market stability and uninterrupted nationwide provide of Premium Motor Spirit (PMS).
During the latest festive interval, the Refinery carried out a deliberate and momentary worth assist intervention to cushion Nigerians at a time of heightened family spending. This marked the second consecutive festive season wherein the Refinery absorbed important prices within the nationwide curiosity, together with logistics assist in 2024 and a worth discount in 2025 to advertise affordability and market calm.
Despite the worth discount, many filling stations didn’t replicate the brand new worth on the pump, thereby denying Nigerians the advantages of the discount.
With the festive interval concluded, PMS costs have been modestly realigned to sustainable ranges to assist long run market stability and affordability. Under the present alignment, the PMS gantry worth is N799 per litre, whereas MRS stores are promoting at N839 per litre.
The Chief Executive Officer of Dangote Petroleum Refinery, David Bird, said that the Refinery continues to provide the home market with roughly 50 million litres of PMS every day, with nationwide evacuation and distribution working usually.
He famous that the Refinery’s design flexibility permits it to course of a variety of crude and intermediate feedstocks, enabling continued PMS provide throughout deliberate upkeep actions. According to him, this functionality ensures that home provide stays steady and uninterrupted.
As a home producer, Dangote Petroleum Refinery continues to defend the Nigerian market from import associated volatility and exterior provide disruptions, whereas remaining a stabilising pressure within the downstream petroleum sector.
Dangote Petroleum Refinery stays targeted on delivering vitality safety, worth stability, and long-term worth for Nigerians.
