Dangote Refinery Slashes Petrol Price Again, Now Ranges from ₦875 to ₦905 per Litre
By Amanabo Ocholi
May 21, 2025 – Lagos, Nigeria
The Dangote Petroleum Refinery has announced a fresh reduction in the pump price of Premium Motor Spirit (PMS), popularly known as petrol, bringing relief to consumers nationwide.
According to the latest update from the refinery, the new retail price of petrol now ranges between ₦875 and ₦905 per litre, depending on the location. This represents a significant cut and signals a major shift in the fuel pricing landscape driven by domestic refining.
The price drop comes amid increasing supply from the Dangote Refinery, which began full-scale operations earlier this year and has since been ramping up production and distribution to meet local demand.
Industry experts say the move is part of Dangote’s commitment to reducing Nigeria’s dependency on imported fuel and stabilizing the market. The refinery’s competitive pricing is expected to influence a broader reduction in transportation and logistics costs, potentially easing inflationary pressures across the economy.
The exact pump price varies based on location and logistics, but consumers in most parts of the country have confirmed the new rates at filling stations supplied by Dangote.
Observers see this latest development as a major win for the local refining sector and a sign of more competitive energy pricing in the months ahead.
