. Second price reduction within six days
Dangote Petroleum Refinery and Petrochemicals, on Wednesday, further slashed its ex-depot (gantry) loading cost of Premium Motor Spirit (PMS), commonly known as petrol.
The new price is reduced from the N865 per litre implemented six days ago to N835 per litre.
The latest price review
marks a 3.5 per cent decrease.
The company announced the new price reduction to its customers via a notice.
The development marks Dangote’s third downward adjustment of fuel price under six weeks.
The refinery had earlier reduced its gantry price from N880 to N865 per litre. But oil marketers did not pass on the savings to consumers.
