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Dangote Slashes Price of Petrol to N835

This adjustment is caused by the downturn in global crude oil prices, which have fallen to $64 per barrel after hovering above $70 per barrel in recent weeks.

Emmanuel Babs by Emmanuel Babs
April 16, 2025
in Business, Highlights, Top News
0
Petrol

Dangote Petroleum Refinery has further slashed the gantry price of Premium Motor Spirit (PMS), to ₦835 per litre, a 3.5% reduction from the previous rate of ₦865 per litre.

This adjustment is caused by the downturn in global crude oil prices, which have fallen to $64 per barrel after hovering above $70 per barrel in recent weeks.

 

This is the refinery’s second price cut following an earlier reduction from ₦880 to ₦865 per litre. However, despite these decreases, oil marketers still sell petrol for over N900 per litre.

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Source: Daily Sun

Tags: DangoteDangote Petroleum RefineryPetrol
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