A decrease in the ex-depot price of Premium Motor Spirit (PMS), commonly referred to as gasoline, from ₦850 to ₦820 per liter has been announced by the Dangote Petroleum Refinery.
According to reports, Anthony Chiejina, the chief branding and communications officer for the Dangote Group, announced the price change in a statement on Tuesday.
“With effect from August 12, 2025, Dangote Petroleum Refinery has announced a reduction of ₦30 in the ex-depot (gantry) price of Premium Motor Spirit, commonly known as gasoline, from ₦850 to ₦820 per litre.”
Reaffirming its dedication to Nigeria’s economic growth, the refinery promised the people a consistent supply of petroleum products.
Read Also: GAIM 6: Fidelity Bank Unveils 20 New Millionaires in 7th and 8th Monthly Draws
“The public is guaranteed a steady and uninterrupted supply of petroleum products as part of our unwavering commitment to national development,” the statement read.
4,000 Compressed Natural Gas (CNG)-powered trucks will be deployed for gasoline distribution across the country as part of the company’s environmental initiative.
According to the release, “on August 15, 2025, we will begin the phased deployment of 4,000 CNG-powered trucks for fuel distribution throughout Nigeria.”
Dangote raised the ex-depot price of Premium Motor Spirit to ₦850 per liter four days prior to the price reduction, as was understood.
People in Nigeria will be hoping that the price of gas at gas stations reflects the new pricing.
