Dangote Refinery has announced a significant reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦899.50 per litre.
The company disclosed this in a statement by its spokesperson, Anthony Chiejina, released on its official X account on Thursday.
This price cut, effective from December 19, 2024, aims to provide relief for Nigerians during the holiday season. The refinery had previously reduced the price to ₦970 per litre on November 24, 2024.
In addition to the price reduction, Dangote Refinery is offering a special promotion: for every litre of petrol purchased with cash, consumers can buy an additional litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank.
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