By Abdullahi Inuwa
In a bold move to ease the financial burden on Nigerians, Dangote Petroleum Refinery has announced a ₦65 per litre reduction in the ex-depot price of Premium Motor Spirit (PMS), bringing it down from ₦890 to ₦825 per litre. The new pricing takes effect on February 27, 2025.
This latest price cut—marking the second reduction in February—aligns with President Bola Ahmed Tinubu’s economic recovery plan, providing much-needed relief as Nigerians prepare for Ramadan. It also follows Dangote’s December 2024 price slash, which helped stabilize fuel costs during the festive season.
Retail Prices Across Nigeria
Consumers can purchase Dangote’s high-quality petrol at the following rates:
- MRS Holdings stations: ₦860 (Lagos), ₦870 (South-West), ₦880 (North), ₦890 (South-South/South-East).
- AP (Ardova) & Heyden stations: ₦865 (Lagos), ₦875 (South-West), ₦885 (North), ₦895 (South-South/South-East).
With adequate stock to meet domestic demand and exports, Dangote Petroleum Refinery urges marketers to reflect the new prices, ensuring Nigerians fully benefit from the initiative.
This move reinforces Nigeria’s journey to fuel self-sufficiency, as President Tinubu’s administration continues its push to transform the nation into a leading refined petroleum exporter.
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