Dangote Refinery Cuts PMS Price by N25 per Litre

February 11, 2026

Must read

Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.

- Advertisement -

Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit by N25 per litre, lowering its ex-depot/gantry rate from N799 to N774 per litre.

The refinery communicated the price adjustment to marketers on Tuesday, confirming that the new rate takes immediate effect nationwide.

“This is to notify you of a change in our PMS gantry price from N799 per litre to N774 per litre,” noted the refinery.

The adjustment further strengthens the competitiveness of locally refined products, as the current landing price of imported PMS from Lome stands at about N793 per litre, compared to Dangote Refinery’s ex depot/gantry price of N774 per litre.

Get More of our proprietary news and analysis as MoneyCentral is now on WhatsApp Channels Follow the MoneyCentral Nigeria channel on WhatsApp: Click here!