The Dangote Petroleum Refinery (DPR) has, again, announced a further crash in the price of its Premium Motor Spirit (PMS), otherwise known as petrol effective from today. This latest reduction in the ex depot price of the product represents a N65 cut from the previous price of N890 to N825 per litre.

This was contained in a statement issued by the firm yesterday. The latest action by DPR marked the second price reduction of PMS this month following a previous decrease of N60.00 earlier in the month.

It stated that price adjustment was designed to provide essential relief to Nigerians in anticipation of the upcoming Ramadan fasting.

It added it was also done to support the economic recovery policy of President Bola Tinubu by alleviating the financial burden on the Nigerian populace.

“Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N65.00, from N890 to N825 per litre, effective from 27th February 2025.
https://thenationonlineng.net/dangote-refinery-slashes-petrol-price-by-n65/