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Dangote Petroleum Refinery has reduced the ex-depot price of petrol by N50 per litre, marking its fourth price cut within one month.The latest reduction brings the cumulative cut in petrol prices to N200 per litre since May 30The refinery said it is passing the benefits of lower crude oil costs to consumers while absorbing part of the higher production costs
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Dangote Petroleum Refinery has announced another reduction in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, cutting the price by N50 per litre to N1,075 from N1,125.
The latest adjustment marks the refinery’s fourth petrol price reduction within one month and brings the cumulative decrease in its ex-depot petrol price to N200 per litre since May 30, 2026.
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