Dangote refinery slashes petrol to ₦840 per litre

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The Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, lowering it from ₦880 to ₦840 per litre

The adjustment was confirmed on Monday night by the Group’s spokesperson, Anthony Chiejina.

Chiejina said, “PMS price has been reduced from N880 to N840 per litre effective 30th June.”

The price cut comes just weeks after the refinery raised the product’s cost due to a global surge in crude oil prices triggered by the Israel-Iran conflict and the uncertainty surrounding the bombing of the three Iranian nuclear facilities by the US President Donald Trump.

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