Categories: Business

Dangote Crashes Petrol Price To N860 Per Litre In Lagos

WEDNESDAY February 26, 2025 |TheNewsDESK
www.thenewsdesk.ng

Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N65.00, from N890 to N825 per litre, effective from 27th February 2025.

The price adjustment, according to Dangote was designed to provide essential relief to Nigerians in anticipation of the upcoming Ramadan season, while also supporting President Bola Ahmed Tinubu’s economic recovery policy by alleviating the financial burden on the Nigerian populace.

TheNewsDESK reports that Dangote has severally reduced the prices of petrol and other refined petroleum products.

This marks the second price reduction of PMS in February 2025, following a previous decrease of N60.00 earlier in the month.

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