Dangote Petroleum Refinery has again lowered its gantry price for Premium Motor Spirit (PMS) to ₦825 per litre, down from ₦835, amidst increasing competition in the Nigerian market

Dangote Petroleum Refinery has announced a further reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦825 per litre.

This new price point represents a decrease from the previous price of ₦835 per litre, which was set last month when the 650,000 barrels per day refinery initially lowered its price from ₦865 per litre.

Market observations indicate that this latest price adjustment by the Dangote Refinery is aimed at providing greater value to customers and further strengthening its position as a market leader within the domestic petroleum sector.

This move comes at a time when competition within the Nigerian fuel market is intensifying, suggesting that the Dangote Refinery is strategically positioning itself to maintain and expand its market share.