{"id":379,"date":"2025-05-24T19:52:09","date_gmt":"2025-05-24T19:52:09","guid":{"rendered":"https:\/\/newsnavigator.com.ng\/?p=379"},"modified":"2025-05-24T19:52:09","modified_gmt":"2025-05-24T19:52:09","slug":"dangote-refinery-again-reduces-pms-price-by-n15-now-n875-per-litre","status":"publish","type":"post","link":"https:\/\/newsnavigator.com.ng\/?p=379","title":{"rendered":"Dangote Refinery Again Reduces PMS Price by N15, now N875 per Litre"},"content":{"rendered":"\n<p>Dangote Petroleum Refinery and Petrochemicals has announced another reduction of N15 in the price of its high &#8211; quality Premium Motor Spirit ( PMS).<\/p>\n\n\n\n<p>As a result of this reduction, Nigerians will now purchase the product at the following prices:  N875 per litre in Lagos; N885 per litre in South West; N895 per litre in the North &#8211; West,  and North &#8211; Central, while it will be sold for N905 per litre in South &#8211; East, South &#8211; South and North &#8211; East. <\/p>\n\n\n\n<p>These prices will apply through all its partners , including M R S, AP( ARDOVA), Hayden, Optima Energy, Techno Oil, Hyde. The refinery called on other marketers to join its expanding network of partners, there by demonstrating their support for President Bola Tinubu&#8217;s &#8220;Nigeria First Policy,&#8221; which advocates for the prioritisation of locally produced goods and services<\/p>\n\n\n\n<p>Since the commencement of operations, Dangote Petroleum Refinery has consistently implemented cost &#8211; reduction strategies aimed at delivering tangible savings to Nigerians.<\/p>\n\n\n\n<p>In February 2025, the company carried out two price reductions on petrol, resulting in a total decrease of N125 per litre. This was followed by a further reduction of approximately N 45 per litre in April. 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.<\/p>\n\n\n\n<p>Dangote Petroleum Refinery recently reassured Nigerians of price stability despite fluctuations in global crude oil prices, reaffirmed its commitment to supporting Nigeria&#8217;s economy.<\/p>\n\n\n\n<p>&#8220;By refining petroleum products domestically at the world&#8217;s largest single &#8211; train refinery, we are proud to make a substantial contribution to Nigeria&#8217;s energy security, foreign exchange savings, and overall economic resilience aligning President Bola Ahmed Tinubu&#8217;s Renewed Hope Agenda, which focuses on addressing the nation&#8217;s economic challenges and improving the well &#8211; being of Nigerians. We immensely grateful to His Excellency, President Bola Tinubu, for making this possible through the Commendable Naira &#8211; for &#8211; Crude Initiative, which has enabled us to consistently reduce the price of petroleum products for the benefit of all Nigerians,&#8221; it stated.<\/p>\n\n\n\n<p>Dangote Petroleum Refinery further assures the public of consistent supply petroleum products, as well as a surplus for export to enhance the country&#8217;s foreign exchange earnings.<\/p>\n\n\n\n<p>The founder of Dangote Refinery, Aliko Dangote, was on Tuesday named in the Inaugural 2025 TIME  &#8220;One Hundred&#8221; Philanthropist, which recognised the 100 most Influential leaders shaping the the future of philanthropy worldwide . The list published by TIME Magazine , includes Aliko Dangote, whose foundation spends an average of $35 million annually on programmes across Africa, alongside other global figures in Charitable work, such as Michael Bloomberg, Oprah Winfrey, Warren Buffet,  and Melinda Gates and were all recognised as Titans.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dangote Petroleum Refinery and Petrochemicals has announced another reduction of N15 in the price of its high &#8211; quality Premium Motor Spirit ( PMS). As a result of this reduction, Nigerians will now purchase the product at the following prices: N875 per litre in Lagos; N885 per litre in South West; N895 per litre in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard"},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"jnews_post_split":[],"footnotes":""},"categories":[46,1],"tags":[],"class_list":["post-379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/newsnavigator.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsnavigator.com.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsnavigator.com.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsnavigator.com.ng\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/newsnavigator.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=379"}],"version-history":[{"count":1,"href":"https:\/\/newsnavigator.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/379\/revisions"}],"predecessor-version":[{"id":382,"href":"https:\/\/newsnavigator.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/379\/revisions\/382"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsnavigator.com.ng\/index.php?rest_route=\/wp\/v2\/media\/381"}],"wp:attachment":[{"href":"https:\/\/newsnavigator.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsnavigator.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsnavigator.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}