Dangote Refinery has announced a reduction in the retail price of Premium Motor Spirit (PMS) across the country, alongside a new date—Monday, September 15, 2025—for the rollout of its direct petrol distribution initiative.
The initiative, initially scheduled for August 15, will see the $20 billion refinery deploy 4,000 compressed natural gas trucks to deliver petrol and diesel directly to consumers at zero logistics cost.
According to the company’s latest price template released on its official X handle, the new gantry price remains N820 per litre, while retail pump prices have been adjusted downward in several states.
In Lagos, Oyo, Ogun, Ondo, and Ekiti, the retail price now stands at N841 per litre, down from N860. In Abuja, Edo, Delta, Rivers, and Kwara states, petrol will retail at N851 per litre, down from N885. This represents a reduction of N19 per litre in the South-West and N34 per litre in the North-Central and South-South regions.
Dangote Refinery clarified that the price template is not binding on all petroleum marketers and retailers, except for its official partners such as MRS.
Meanwhile, tensions persist between Dangote Group and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). On Thursday, the union threatened to resume strike action, alleging that the company failed to uphold recent resolutions.
In response, Dangote Group reiterated that it respects the voluntary membership of unions by its employees.