Dangote refinery reduces petrol gantry price to N1,200 per litre

By Udeme Akpan
The Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for Premium Motor Spirit (PMS), also known as petrol, to N1,200 per litre from over N1,270 per litre.
The spokesperson for the Dangote Group, Anthony Chiejina, said the adjustment represents a downward review of the refinery’s pricing template, driven by developments in the global oil market.
He said: “Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for petrol to N1,200 per litre and its coastal price to N1,153 per litre. This move comes amid ongoing tensions in the Middle East, which continue to influence global oil markets.
“The adjustment marks a downward review ...