The Dangote Petroleum Refinery & Petrochemicals has increased its ex-gantry price of Premium Motor Spirit (PMS), commonly known as petrol, from N699 to N799 per litre, effective immediately following the conclusion of the festive period. In a statement released on Monday, the refinery explained that the adjustment ends a temporary price support measure implemented during…
Oil marketers have revealed that they are getting their petrol supplies from Dangote Refinery and Petrochemical, insisting that nobody is importing the product for now. They stated that the supply chain has been stable, with the oil marketers now buying their products from Dangote Refinery. However, some marketers argue that petrol importation is still going…
Dangote Petroleum Refinery has dismissed reports claiming it is shutting down, stating that production remains ongoing, stable, and uninterrupted. According to a statement made available to X by the company, the refinery continues to supply between 40 and 50 million litres of Premium Motor Spirit (PMS) daily through January and February, depending on market demand….
President of the Petroleum Products Retail Outlet Owners Association of Nigeria, Billy Gillis-Harry, has provided clarification on the reason it does not support a continuous reduction in prices of Premium Motor Spirit (PMS), also known as petrol, by the Dangote Refinery. The clarification comes after the President of the Dangote Group, Alhaji Aliko Dangote, slashed…
Barring any last-minute change, MRS and other partners of the Dangote Petroleum Refinery are set to begin selling petrol at N739 per litre. This comes two days after the refinery slashed its petrol gantry price from N828 to N699 per litre. Speaking at a press briefing at the Lekki refinery on Sunday, the President of…
President of the Dangote Group, Alhaji Aliko Dangote, has said the Ooni of Ife, Oba Adeyeye Ogunwusi, played a decisive role in enabling the construction of his multi-billion-dollar refinery by intervening to clear 19 shrines from the project site. In a video shared by The Cable via X on Friday, the businessman explained that construction…
The Dangote Petroleum Refinery has announced another reduction in its petrol gantry price, lowering the ex-depot rate from N828 to N699 per litre. Market figures released on Friday by Petroleumprice.ng showed that the refinery carried out a fresh downward adjustment, cutting the Premium Motor Spirit benchmark by N129 per litre — a 15.58 per cent…
The Dangote Petroleum Refinery has stopped the monthly salaries of the engineers sacked in September during its face-off with the Petroleum and Natural Gas Senior Staff Association of Nigeria. In a bid to address this, PENGASSAN said it is engaging the Dangote Group to resolve the matter amicably instead of resorting to another industrial action….
Dangote Petroleum Refinery has announced plans to supply the market with 50 million litres of Premium Motor Spirit (PMS) daily, and a total of 1.5 billion litres monthly in December 2025 and January 2026, to ensure uninterrupted nationwide fuel availability through the festive season and into the New Year. President and Chief Executive of Dangote…
The Dangote Petroleum Refinery has slashed its ex-gantry petrol price to N828 per litre. According to sources at the refinery, the price of the product was reduced by N49 from the prior price of N877 per litre. “The refinery reduced its petrol price to N828 per litre,” a source said. The development comes amid plans…
