The Dangote Petroleum Refinery has introduced a brand new reduce in petrol costs, slashing Premium Motor Spirit (PMS) charges by ₦15 per litre throughout all areas.
Underneath the revised value construction shared Thursday, Might 22, on the refinery’s official social media channels, petrol will now promote for between ₦875 and ₦905 per litre, relying on location.
Lagos residents, who beforehand paid ₦890, will now pay ₦875 per litre. Within the North-East and South-South, the place the speed had been ₦920, petrol now sells at ₦905 per litre.
A regional breakdown exhibits the next charges: Lagos: ₦875, South-West: ₦885, North-East: ₦905, North-West & Central: ₦895, South-South & South-East: ₦905
The brand new pricing applies to all main retail companions, together with MRS, Ardova, Heyden, Optima Vitality, Techno Oil, and Hyde Vitality.
Shoppers had been suggested to purchase from authorised Dangote shops and report any non-compliance through the refinery’s hotlines: +234 707 470 2099 and +234 707 470 2100.
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“Our high quality petrol and diesel are refined for higher engine efficiency and are environmentally pleasant,” the corporate stated in its public discover.
In response to inner findings, the value adjustment comes on the heels of a refund profit coverage reinstated by the refinery earlier within the week.
The transfer additionally coincides with renewed large-scale petrol importation by unbiased entrepreneurs. Over 496 million litres of petrol reportedly entered the nation between Might 11 and 20, 2025, primarily based on information obtained from the Tanker Place Report by Blue Sea Maritime.
On Monday, Dangote Refinery defined that the naira-for-crude oil association had helped decrease petrol costs.
Regardless of world fluctuations in crude costs, the corporate says it stays dedicated to reasonably priced gasoline.
“The choice to keep up value stability displays our unwavering dedication to supporting the Nigerian economic system and assuaging the burden on shoppers from the rise in gasoline costs,” stated Anthony Chiejina, Group Chief Branding and Communications Officer.
