Dangote Refinery has announced a reduction in the retail price of premium motor spirit (PMS) across Nigeria, ahead of the commencement of its direct petrol distribution initiative on Monday, 15 September 2025.
In a statement posted on its official X account, the company said the new retail prices would take effect from the launch date of the direct-to-consumer distribution scheme, which was initially scheduled for 15 August 2025.
The initiative will see the $20 billion refinery distribute petrol and diesel directly to consumers using its fleet of 4,000 compressed natural gas (CNG) trucks at zero logistics cost.
According to the newly released price template, the refinery’s gantry price remains unchanged at N820 per litre.
However, the retail price in Lagos, Oyo, Ogun, Ondo, and Ekiti States has been reduced from N860 to N841 per litre, while in Abuja, Edo, Delta, Rivers, and Kwara States, the price has dropped from N885 to N851 per litre.
This reflects a reduction of N19 in the South-West and N34 in the North-Central and South-South regions.
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Dangote Group stated that the direct fuel distribution and new pricing are expected to reduce costs for consumers and improve access to fuel in key regions.
The company clarified that the revised price template is not binding on independent petroleum marketers and retailers, except for MRS and other official distribution partners.
Meanwhile, tensions continue between Dangote Group and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), which on Thursday threatened to resume strike action, accusing the company of breaching recent agreements.
Dangote Group responded by stating that it respects the voluntary membership of unions by its employees.
The Dangote Refinery, located in Lagos, is the largest in Africa with a production capacity of 650,000 barrels per day.
