Dangote Refinery Slashes Petrol Price Again as Fuel Costs Continue to Fall
Dangote Petroleum Refinery has announced another ₦50 per litre reduction in the ex-depot price of Premium Motor Spirit (PMS), bringing the total price cut to ₦200 per litre since May 30, 2026.
The latest adjustment lowers the refinery’s gantry price to ₦1,075 per litre. The company also revealed cumulative reductions of ₦300 per litre for Automotive Gas Oil (diesel) and ₦520 per litre for Jet A1 aviation fuel during the same period.
Dangote Refinery said the repeated price cuts reflect its commitment to passing lower production costs to consumers while ensuring the long-term sustainability of local refining, despite processing crude oil bought at previously higher international prices.
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