The Dangote Petroleum Refinery has adjusted its ex-depot price for Premium Motor Spirit (PMS), commonly known as petrol, reducing it to ₦970 per litre.
This change, announced on Sunday, reflects a ₦20 decrease from the earlier price of ₦990 set earlier this month.
The refinery which is located in the Ibeju-Lekki area of Lagos, take this decision aiming to benefit oil marketers, and providing slight cost relief.
Additionally, the refinery assured stakeholders of maintaining high-quality, environmentally sustainable fuel products while scaling up production to meet local demand and prevent supply shortages.
Reactions:
I bought fuel ⛽️ 1650# today.
Abi na Audio reduction— Akedo News (@akedofun_s) November 24, 2024
Still in the high side
— declasiq_esmi (@declasiqstudio_) November 24, 2024
They should reduce it to N100
— 𝐀𝐘𝐎 ✰ (@Iamkira_3) November 24, 2024
Let it keep coming down,
— Goldencity Media (@Gcity_Media) November 24, 2024
Amazing
— Oroshiakose Samuel (@_oroshiakose) November 24, 2024
Nice to hear that Dangote
— RiloneAbdulrahman (@RiloneAbdul) November 24, 2024
Does it affect us here?
— Jane 👩💻 (@theladyjane_) November 24, 2024