Dangote Petroleum Refinery has lowered the pump price of Premium Motor Spirit across Nigeria.
The new prices are set at N875 per litre in Lagos and N905 per litre in other parts of the country.
This price adjustment reflects a N15 reduction per litre in Lagos.
The update was announced on Thursday via the Dangote Group’s official X (formerly Twitter) account.
The new price applies to all major fuel marketers partnered with the refinery, including MRS, Ardova, Heyden, Optima Energy, Techno Oil, and Hyde Energy.
Under the previous pricing, petrol cost N890 per litre in Lagos and N920 in the North East and South-South regions. Following the new adjustment, the price in Lagos has dropped to N875, while it is now N905 per litre in the North East and South-South.
The revised petrol prices are as follows: Lagos – N875, South-West – N885, North-East – N905, North-West & Central – N895, and South-South & South-East – N905.
Dangote Refinery advised consumers to buy fuel only from its authorized partner outlets and encouraged Nigerians to report any violations through their hotline: +234 707 470 2099 or +234 707 470 2100.
In mid-April, Dangote Refinery lowered the ex-depot price of Premium Motor Spirit (PMS), or petrol, to N835 per litre, marking its second price cut within a week.
According to Anthony Chiejina, Dangote Group’s Chief Branding and Communications Officer, the revised pricing will apply to all partner retail shops.
The regional pump prices were announced as follows:
Lagos: N890 per litre (down from N920) — key partners include MRS, AP (Ardova), Heyden, Optima Energy, Hyde, and Techno Oil.
South-West: N900 per litre (down from N930)
North-West & North-Central: N910 per litre (down from N940)
South-East, South-South & North-East: N920 per litre (down from N950).
“These price reductions reaffirm our commitment to providing high-quality petrol at affordable rates, benefiting consumers across the nation,” the statement noted.
This adjustment followed a N15 reduction in the refinery’s gantry (loading) price just days earlier, signaling a continued downward trend.
“Dangote Petroleum Refinery has consistently worked to reduce the prices of petrol and other refined petroleum products, ensuring the continued benefit of Nigerian consumers. For example, in February, the refinery reduced prices twice by N125,” the company noted.
However, oil marketers have yet to reflect these cuts at retail stations, as pump prices remain largely unchanged across most parts of the country.