Dangote Refinery Reduces Petrol Price To N825
Dangote Petroleum Refinery has officially announced a reduction in the ex-depot price of Premium Motor Spirit (PMS) by N65, effective from 27th February 2025.
The new price, N825 per litre, marks the second price reduction in February 2025, following an earlier drop of N60 earlier this month.
The move is part of the refinery’s ongoing commitment to easing the financial burden on Nigerians and supporting the economic policies of President Bola Ahmed Tinubu, especially as the Ramadan season approaches.
The price reduction aims to provide much-needed relief to citizens ahead of the holy month, aligning with the government’s goal of alleviating the cost of living for Nigerians.
In addition to the February reductions, Dangote Petroleum Refinery had also decreased PMS prices during the 2024 yuletide period, lowering the cost from N970 to N899.50 per litre, further contributing to stabilizing the nation’s economy and providing relief during the festive season.
The new retail prices of Dangote petrol at partner stations will be as follows: at MRS Holdings stations, the price will be N860 in Lagos, N870 in the South-West, N880 in the North, and N890 in the South-South and South-East.
At AP (Ardova Petroleum) and Heyden stations, the price will be N865 in Lagos, N875 in the South-West, N885 in the North, and N895 in the South-South and South-East.
Dangote Petroleum Refinery assured Nigerians of a consistent supply of high-quality petrol, with enough reserves to meet domestic demand and contribute to the nation’s foreign exchange earnings.
The company is calling on marketers to ensure that this price relief reaches consumers, supporting President Tinubu’s vision of making Nigeria self-sufficient in refined petroleum products.
