Dangote Petroleum Refinery has again lowered the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, reducing it from N835 to N825 per litre amid growing competition in the local market.
This latest price cut follows last month’s reduction from N865 to N835 per litre by the 650,000 barrels-per-day refinery.
The move is reportedly aimed at offering better value to customers and reinforcing Dangote’s dominant position in Nigeria’s fuel market.
More details are expected soon.