Lagos, Nigeria — Dangote Petroleum Refinery don announce fresh reduction for pump price of Premium Motor Spirit (petrol) across di country. New rates now range from N875 to N905 per litre, depending on location. Dis new price regime, wey mark N15 reduction per litre, na im dem post for dia official social media handle on Thursday.
Dis new pricing go affect all di major fuel marketers wey dey partner with di refinery, including MRS, Ardova, Heyden, Optima Energy, Techno Oil, and Hyde Energy. Lagos residents go now pay N875 per litre, while those wey dey South-South and North-East go pay N905.
A breakdown of di revised prices show say Lagos: N875, South-West: N885, North-East: N905, North-West & Central: N895, and South-South & South-East: N905. Di Dangote Refinery urge consumers make dem buy fuel only from di partner outlets and encourage Nigerians to report any wahala wetin dem see through dia hotline: +234 707 470 2099 or +234 707 470 2100.
“Our quality petrol and diesel are refined for betta engine performance and are environmentally friendly,” di company talk for di notice. Our correspondent gather say di new reduction follow di return of a refund benefit policy wey dem don start again for di customers dis week.
Di reduction come hours after na di PUNCH report say independent oil marketers don resume large-scale importation of petrol, as fresh data show say over 496.17 million litres of petrol don land for di country within nine days. Findings wey use di Tanker Position Report, wey dey track oil tankers’ movement and wey our correspondent collect from Blue Sea Maritime on Monday, show say 370,000 metric tonnes of petrol don discharge for various depots.
Di petrol products come berth for di seaports between May 11 and 20, 2025. On Monday, di 650,000 barrels-per-day capacity Lekki-based refinery talk say di naira-for-crude deal allow dem reduce di price of petrol, wey translate to reduced costs for di pumps. Dis one dey happen even as di company affirm say di petrol prices go remain affordable and stable.
Dem talk say despite di fluctuations wey dey happen for global crude oil prices, dem don consistently reduce di price of petrol. Di company, in a release signed by di Group Chief Branding and Communications Officer, Anthony Chiejina, say di decision to maintain price stability reflect di commitment to support di Nigerian economy and reduce di burden for consumers wey dey suffer from di increase for fuel prices.
“We dey thank President Bola Tinubu for making dis possible through di commendable naira-for-crude initiative, wey don allow us to consistently reduce di price of petroleum products for di benefit of all Nigerians,” di statement talk. Di refinery assure all stakeholders say dem go continue to maintain operational excellence and national service.
“Dangote Petroleum Refinery remain committed to ensure say di benefits of our local refining capacity dey fully realized and enjoyed by di Nigerian populace,” di company add. “We go continue to prioritize affordability, quality, and national interest in every facet of our work,” di statement conclude.
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