By Seun Ibiyemi
Dangote Petroleum Refinery & Petrochemicals has announced that its price for Premium Motor Spirit (PMS), commonly known as petrol, remains unchanged despite growing concerns over potential volatility in Nigeria’s downstream oil market.
A source within the company confirmed that the refinery’s pricing structure is still intact, with the gantry price maintained at N1,200 per litre and the coastal price at N1,153 per litre.
“We are maintaining our existing price and have not implemented any new pricing for our customers,” the source said.
The clarification comes amid speculation of possible price adjustments in response to fluctuations in global oil markets and domestic supply dynamics.
The source further noted that the refinery remains committed to ensuring the steady availability of refined petroleum products across Nigeria and the wider African market.
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This, it said, is part of ongoing efforts to support supply stability and reduce disruptions in fuel distribution.
The refinery, one of Africa’s largest, plays a critical role in Nigeria’s push for energy self-sufficiency and reduced reliance on imported fuel.
