Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N65.00, from N890 to N825 per litre, effective from 27th February 2025.
The company said the price adjustment was to provide relief to Nigerians in anticipation of the upcoming Ramadan season.
This marks the second price reduction of PMS in February 2025, following a previous decrease of N60 earlier in the month.
In December 2024, the refinery reduced the price of PMS by N70.50, from N970 to N899.50 per litre.
Its primary outlet chain, MRS, according to the refinery, will reflect the price change at all its stations
- N860 per litre in Lagos
- N870 per litre in the South-West
- N880 per litre in the North and
- N890 per litre in the South-South and South-East
The memo said:
“The same product will also be available at the following prices in AP (Ardova Petroleum) and Heyden stations: N865 per litre in Lagos, N875 per litre in the South-West, N885 per litre in the North, and N895 per litre in the South-South and South-East.”