On March 25, 2025, operatives of the Nigeria Customs Service dismantled a major fuel smuggling syndicate in Kebbi State, seizing 125,000 litres of Premium Motor Spirit (PMS), valued at N125 million.
Dangote Petroleum Refinery & Petrochemicals has said it would absorb N16bn loss by refunding N65/litre to marketers so Nigerians will benefit from cheaper fuel.
Dangote Refinery Reduces Petrol Price to N890 per Litre
Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre.
The price slash takes effect from Saturday, February 1, 2025.
Dangote Refinery’s spokesperson,...
Why Dangote Adjusted PMS Ex-depot Price
Dangote Refinery has clarified that its recent adjustment in the ex-depot price of Premium Motor Spirit (PMS) from N899.50 to N950 per litre is directly linked to the significant increase in global crude oil prices.
The refinery announced that all...
Petrol landing cost drops by 20% per Litre – Report
The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores has seen a considerable reduction of 20.34 per cent, dropping to N971.57 per litre over the past three months.
This decline...
