The Dangote Petroleum Refinery has announced a reduction in its ex-depot price of premium motor spirit (PMS), also known as petrol, to N970 per litre for oil marketers.
The group’s Chief Branding and Communications Officer, Anthony Chiejina, made the revelation known on Sunday.
He said the price was slashed from N990/litre to N970/litre “to appreciate the good people of Nigeria”
“As the year comes to an end, this is our way of appreciating the good people of Nigeria for their unwavering support in making the Refinery a dream come true. In addition, this is to thank the government for their support as this will complement the measures put in place to encourage domestic enterprise for our collective well-being.”
Chiejina said the refinery would not compromise on the quality of its petroleum products while assuring Nigerians of the best quality products that are environmentally friendly and sustainable.
“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption; thus, dispelling any fear of a shortfall in supply,” the statement concluded.
Recall that the Major Energies Marketers Association of Nigeria said on Friday that the landing cost of imported petrol is now N971/litre.
On November 11, the Independent Petroleum Marketers Association of Nigeria (IPMAN) reached an agreement with the refinery to lift petrol and diesel directly.
Abubakar Garima, National President of IPMAN, said the partnership would ensure a steady, affordable supply of PMS products nationwide.
