By Abdullateef Aliyu


Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N65.00, from N890 to N825 per litre, effective from 27th February 2025.

The price adjustment, according to Dangote was designed to provide essential relief to Nigerians in anticipation of the upcoming Ramadan season, while also supporting President Bola Ahmed Tinubu’s economic recovery policy by alleviating the financial burden on the Nigerian populace.

Daily Trust reports that Dangote has severally reduced the prices of petrol and other refined petroleum products.

This marks the second price reduction of PMS in February 2025, following a previous decrease of N60.00 earlier in the month.

Additionally, in December 2024, during the yuletide period, the refinery reduced the price of PMS by N70.50, from N970 to N899.50 per litre, as part of its commitment to easing the cost of living and providing relief to Nigerians during the holiday season.

With the latest reduction, the management of the refinery said Nigerians will be able to purchase the Dangote petrol at the following prices in all our partners’ retail outlets.

“For MRS Holdings stations, it will sell for N860 per litre in Lagos, N870 per litre in the South-West, N880 per litre in the North, and N890 per litre in the South-South and South-East respectively.”

“The same product will also be available at the following prices in AP (Ardova Petroleum) and Heyden stations: N865 per litre in Lagos, N875 per litre in the South-West, N885 per litre in the North, and N895 per litre in the South-South and South-East.”

The company assured the public of a consistent supply of petroleum products, with sufficient reserves to meet domestic demand, as well as a surplus for export to enhance the country’s foreign exchange earnings.

It called on marketers to support this initiative, ensuring that Nigerians remain the primary beneficiaries of this effort.

https://dailytrust.com/breaking-dangote-crashes-petrol-price-to-n860-per-litre-in-lagos/

Nlfpmod

APC, make una softly softly dey tell dis lies. I dey take God beg una

Everything na double double.

The drastic price hike from N145 to over N1,000 should be met with a corresponding drastic reduction, not minor, piecemeal decreases.

This is just as a result of the fact that there's reduction in global prices for crude oil couple with competition dangote's product is experiencing in the market.

Good

Long over due.

Nigeria have energy resource advantage and should subside to an extent.

The economy is swallowing people honest income.

See how unfortunate miserable apc supporters will be celebrating their misery... forgetting the occultic apc meet it at 85 naira....he no go better for anyone still supporting apc

Alhamdulilah!

Good!

If this is true, then it`s great news

If they like they should crash it to 200 naira. All is pure deception against 2027. Tinubu should know thar once bitten twice shy. Calamity shall never arise again. 2027 is the end of this jagbanjatis government. No sensible individual will vote APC again.

seunowa:
This is just as a result of the fact that there's reduction in global prices for crude oil couple with competition dangote's product is experiencing in the market.

There is always a reason for everything.

Especially when it's good

But once it's a bad news,NO SCRUTINY!

Is there any law stopping this man from contesting for the presidential sit of this country

Good news!

Amin ya rabbi 🙏🤲

As petrol price dey drop Abuja bike men no dey gree reduce price

😌

Jesus Christ is the Only Way Truth and the Life

Still very expensive. Something Tinubu met at N187 per litre now at almost N900

Dangote go soon wreck NNPC and the criminal importer cabals. Very good

seunowa:
This is just as a result of the fact that there's reduction in global prices for crude oil couple with competition dangote's product is experiencing in the market.

You gree reduce price of ur products even as price of food hv dropped nationwide.
Dey received yourself

Good one, only if govt agency will allow fair competition

ussv:
If this is true, then it`s great news

65 naira a great news...what a pity a..so petty..and zombieic

Make it 550 bro, you will still make huge profit

Are we supposed to celebrate this?

Very Good Development.

Slow and steady we will get to the nation of our dreams,
A land flowing with milk and honey.

God bless Nigeria 🇳🇬

😁😂😂😂 They found out that the purchasing powers keeps dropping after increasing it from 200 to over 1000... Now they have no other options than to bring down the price😁😁😂😂

It is well congratulations

Sure 2nd term for Jagaban

Zico5:
If they like they should crash it to 200 naira. All is pure deception against 2027. Tinubu should know thar once bitten twice shy. Calamity shall never arise again. 2027 is the end of this jagbanjatis government. No sensible individual will vote APC again.

PDP met it at 11 - 20 naira.