Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS), otherwise known as petrol, to N899.50 per litre.

Dangote refinery said the reduction in the price of petrol was to provide the much-needed relief for Nigerians ahead of Yuletide.

The refinery, in a statement issued by the Group Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, on Thursday, December 19, 2024, said the reduction was designed to ease transport costs during the festive period.

Chiejina stated that the company also introduced a special offer to further benefit consumers.

He said: “In addition to the holiday discount, Dangote Petroleum Refinery is allowing consumers to purchase an additional litre of fuel on credit for every litre bought on a cash basis.

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“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM.

“Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank.”

Chiejina further emphasised the refinery’s commitment to ensuring Nigerians have access to premium quality petroleum products that are competitively priced, as well as environmentally and engine friendly.

He noted that the refinery’s operations mark the end of Nigeria being a dumping ground for substandard and ‘blended’ imported products, which he said have posed significant risks to human health, machinery, and the environment.

The Star