The Dangote Petroleum Refinery has announced a further reduction in the pump prices of Premium Motor Spirit (petrol) across Nigeria, with new rates now ranging from ₦875 to ₦905 per litre, depending on the location

[dropcap]T[/dropcap]he Dangote Petroleum Refinery has announced a fresh reduction in the pump prices of Premium Motor Spirit (petrol) across Nigeria, providing some relief to consumers nationwide.

Also read: Dangote insists it can meet local fuel demand, refutes marketers’ claims

The new prices, effective immediately, now range from ₦875 to ₦905 per litre, varying by geographical location.

This latest adjustment signifies a ₦15 reduction per litre across all regions and participating retail outlets.

The new pricing applies to major fuel marketers in partnership with the refinery, including MRS, Ardova, Heyden, Optima Energy, Techno Oil, and Hyde Energy.

Our quality petrol and diesel are refined for better engine performance and are environmentally friendly,

A breakdown of the revised prices shows:
Lagos: ₦875 per litre (down from ₦890)
South-West: ₦885 per litre
North-East: ₦905 per litre (down from ₦920)
North-West & Central: ₦895 per litre
South-South & South-East: ₦905 per litre (down from ₦920 for South-South & South-East)

This development follows a prior announcement on Monday by the 650,000 barrels-per-day Lekki-based refinery, which attributed its ability to reduce petrol prices to a naira-for-crude deal.

Also read: NNPC records N336.37bn in crude oil sales in Q1 2025 as Dangote Refinery takes lion’s share

In a statement signed by its Group Chief Branding and Communications Officer, Anthony Chiejina, Dangote Refinery reaffirmed its commitment to supporting the Nigerian economy and alleviating the burden of rising fuel costs on consumers by maintaining price stability.