The Dangote refinery has announced a reduction in the price of Premium Motor Spirit (PMS), otherwise known as petrol, for marketers in the country.

The petrol, which was sold at N990 per litre, has now been reduced to N970 per litre for marketers lifting the products from Dangote refinery.

The Dangote Group Chief Branding and Communications Officer, Anthony Chiejina, announced the price reduction in a statement on Sunday, November 24, 2024.

Chiejina said the move was to appreciate Nigerians for their unwavering support in making the Refinery a dream come true.

He stated: “Dangote Petroleum Refinery has effected a reduction in the prevailing price of its Premium Motor Spirit (PMS) from N990/litre to N970/litre for the marketers.

Marketers, Dangote reach agreement to lift fuel from refinery

“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.

“While the refinery would not compromise on the quality of its petroleum products, we assure you of 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 Star