Dangote Refinery Announce N20 Reduction In PMS Price

Dangote Petroleum Refinery, has announced a reduction in the ex-depot price of premium motor spirit (PMS), also known as petrol.

The new price, which takes effect immediately, is N970 per litre for oil marketers, according to a statement released by the refinery on Sunday.

This reduction represents a cut of N20 from the refinery’s previous ex-depot price of N990, which was announced earlier this month.

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The move is seen as a positive development for Nigerians, who have been grappling with high fuel prices in recent times.