Dangote Petroleum Refinery has dropped PMS prices to between ₦875 and ₦905 per litre, depending on the region, marking a uniform ₦15 reduction nationwide.
According to Thursday’s update shared on the refinery’s verified social media platform, the new prices apply across its extensive retail network, including partners like Ardova, MRS, Hyde Energy, Heyden, Techno Oil, and Optima Energy.
Under the new pricing model, Lagos motorists will now pay ₦875 per litre, while those in the South-West will pay ₦885.
Prices in the North-East, North-West, and Central zones stand at ₦905 and ₦895, respectively. Consumers in the South-South and South-East will also pay ₦905.
In its advisory, the refinery urged customers to purchase only from authorized outlets and report any price discrepancies via two dedicated hotlines: +234 707 470 2099 and +234 707 470 2100. It emphasized the superior quality and environmental benefits of its fuel products.
This development comes as the company reactivates a refund benefits policy for buyers.
Simultaneously, new data from Blue Sea Maritime’s Tanker Position Report shows that Nigeria recently received over 370,000 metric tonnes (496 million litres) of petrol between May 11 and 20, 2025, as independent importers returned to the scene.
The Lekki-based refinery, with its massive 650,000-barrel daily capacity, attributed the price drop to a naira-for-crude oil exchange arrangement.
The company assured the public that despite global price volatility, its petrol will remain competitively priced.
In a statement signed by Group Chief Branding and Communications Officer Anthony Chiejina, the company reiterated its commitment to cushioning fuel-related financial pressure for Nigerians.