Home » Dangote Refinery cuts PMS price, commences direct supply Monday

Dangote Refinery cuts PMS price, commences direct supply Monday

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Dangote

Abdullateef Fowewe

The Dangote Petroleum Refinery has announced plans to begin the direct supply of Premium Motor Spirit (PMS) to filling stations throughout Nigeria starting Monday, September 15, 2025, accompanied by a decrease in pump prices.

In a statement, the company noted that the gantry price has been lowered to N820 per litre, with retail prices differing by state.

In Lagos and other South-Western states, fuel will be priced at N841 per litre, while Abuja, Rivers, Delta, Edo, and Kwara states will see prices at N851 per litre.

“The first phase of the deployment will cover the Federal Capital Territory, Lagos, Kwara, Delta, Edo, Rivers and South West states, with nationwide expansion planned as additional trucks are delivered,” the statement noted.

The refinery explained that the programme will rely on compressed natural gas (CNG)-powered transportation, which it said would significantly reduce costs.

“This transition to CNG-powered transportation is expected to save the Nigerian economy over N1.8 trillion annually. The move is designed to cut fuel distribution costs, reduce pump prices, and ease inflationary pressures,” it added.

The initiative according to the Dangote Group, is expected to benefit over 42 million micro, small and medium enterprises (MSMEs) by lowering energy costs and boosting profit margins.

The company also revealed it is investing more than N720 billion into the programme, which will help revive dormant filling stations across the country.

The project is also expected to generate new jobs, including positions for truck drivers, filling station managers, and fuel attendants.

Calling on stakeholders to support the initiative, the refinery urged petrol station owners nationwide to register for free delivery and other associated benefits.

“We invite fuel station operators, telecommunications companies, and large-scale fuel consumers to partner with this programme to ensure its success and maximise its economic impact,” the statement concluded.

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