Dangote cuts ex-depot price of PMS by N25 per litre
Orisemeke Benjamin
Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit by N25 per litre, lowering its ex-depot/gantry rate from N799 to N774 per litre.
The Refinery had in August 2025 reduced the ex-depot price by N30 per litre and on December 11–12, 2025, the refinery also reduced the ex-depot price from ₦828 per litre to ₦699 per litre representing a significant cut of ₦129 per litre.
The refinery communicated the price adjustment to marketers on Tuesday, confirming that the new rate takes immediate effect nationwide.
“This is to notify you of a change in our PMS gantry price from N799 per litre to N774 per litre,” noted the refinery.
The adjustment further strengthens the competitiveness of locally refined products, as the current landing price of imported PMS from Lome stands at about N793 per litre, compared to Dangote Refinery’s ex depot/gantry price of N774 per litre.
