Dangote Refinery lowers petrol price to N1,075

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LagosPolice

LagosPolice

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Oct 14, 2020
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Dangote Petroleum Refinery has reduced its ex-depot price for Premium Motor Spirit (PMS) by N100, with the refinery now selling at N1,075.

The reduction from N1,175 marks the first downward adjustment after several increases recorded in recent days.

According to the refinery’s latest pricing template released on Tuesday, as seen on nsmnews.com , the gantry price of petrol has been cut by N100 to N1,075 per litre
 
That’s quite a noticeable drop. After the recent price increases, this should bring a bit of relief if it reflects at the pumps.
Let’s see how the market responds to it.
 
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