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Home » Nigeria: Dangote refinery lowers gasoline prices
Africa

Nigeria: Dangote refinery lowers gasoline prices

TrendytimesBy Trendytimes17/04/2025No Comments3 Mins Read
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Chiejina explained that these price reductions reaffirm the company’s commitment to providing high-quality gasoline at affordable prices, and benefits consumers across the country.

Dangote refinery on Wednesday announced that it had reduced gasoline prices from N865 per liter to N835 per liter.

Anthony Chiezina, the company’s group chief branding and communications officer, said in a statement that the price adjustments will take effect from April 16th.

According to him, this marks the second price cut within a week.

“Dangote Petroleum Refinery has announced a decline in gantry prices for petrol spirits (PMS) generally, from N865 to N865 to N835, which are valid starting Wednesday, April 16, 2025.

“High-quality Dangote petrol will be available at all partner retailers at the following prices. Major partners, including MRS, AP (Ardova), Heyden, Optima Energy, Hyde and Techno Oil, will offer N920 to N890 petrol in Lagos.

“In the southwest, the price will be N900 per liter and will be reduced from N930. In the northwest and north-central, the price will be N910 per liter and will be lower than N940. In the southeast, south and northeast, the price will be N950 to N920 and the lower end from N950.

He explained that these price reductions reaffirm the company’s commitment to providing high-quality gasoline at affordable prices, and would benefit consumers across the country.

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“In addition, we are working with our partners to ensure that we are fair and reflecting this price reduction,” he added.

He said Dangote Oil Refinery is consistently working to lower prices of gasoline and other refined petroleum products, ensuring the continued profits of Nigerian consumers.

“For example, in February, refineries were reduced twice with N125. Furthermore, products such as diesel and liquefied petroleum gas (LPG) have also experienced significant price cuts due to the refinery’s sustained efforts.

“We expect this latest cut in PMS prices to have a positive ripple effect across various sectors of the economy, providing much needed relief to consumers, and to contribute to wider economic growth, particularly during the Easter season.”

He said the Dangote Oil Refinery remains immovable in its commitment to ensuring a stable supply of high-quality petroleum products with sufficient reserves and export surplus to meet domestic demand.

He said the strategy is designed to support the stability of the domestic market while also contributing to the growth of Nigeria’s foreign exchange reserves.

Dangote Petroleum refineries have asked marketers and distributors to continue sourcing their products from refineries, ensuring that these price reduction benefits are fully realized across the country.



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