Dangote Petroleum Refinery and Petrochemicals has announced a price reduction of N15 per litre for its Premium Motor Spirit (PMS), also known as petrol. This move is part of the company’s ongoing efforts to provide relief to Nigerians through cost-effective pricing strategies. As a result of this reduction, new prices have been implemented across different regions.

In a statement on Thursday, the firm said Nigerians will now purchase the product at the following prices: N875 per litre in Lagos; N885 per litre in the South West; N895 per litre in the North West and North Central; while it will be sold for N905 per litre in the South East, South South, and North East.

These prices will apply through all its partners.

According to the refinery, the partners include MRS, AP, Heyden, Optima, TechnOil, and Hyde filling stations.

The refinery called on other marketers to join its expanding network of partners, thereby demonstrating their support for President Bola Tinubu’s Nigeria First policy, which advocates for the prioritisation of locally-produced goods and services.

Additionally, the prices of other key products such as diesel and Liquefied Petroleum Gas (LPG) have been significantly lowered, improving affordability across transportation, industrial, and domestic energy sectors.

“Since it commenced operations, Dangote Petroleum Refinery has consistently implemented cost-reduction strategies aimed at delivering tangible savings to Nigerians.”

The company has reduced petrol prices multiple times, including a total decrease of N125 per litre in February 2025 and a further reduction of approximately N45 per litre in April, with this latest cut bringing additional relief to consumers.