LunagisthubDangote Refinery Slashes PMS Price and Announces Direct Supply Initiative
In a significant move to boost the nation’s economy, the Dangote Petroleum Refinery has reduced the price of Premium Motor Spirit (PMS) and will commence direct distribution to filling stations nationwide starting September 15, 2025. The refinery has slashed the gantry price to N820 per liter, resulting in lower pump prices in several key states.
– Lagos and South-Western states: N841 per liter
– Abuja, Rivers, Delta, Edo, and Kwara states: N851 per liter
The Dangote Refinery will begin direct distribution of PMS to filling stations in the Federal Capital Territory, Lagos, Kwara, Delta, Edo, Rivers, and South-West states, with plans for nationwide expansion as more trucks are delivered. This initiative aims to .
– Cut fuel distribution costs
– Reduce pump prices
– Ease inflationary pressures
– Benefit over 42 million micro, small, and medium enterprises (MSMEs) by lowering energy costs and improving profit margins
The Dangote Group is investing over N720 billion into this program, which is expected to:
– Create over 15,000 jobs
– Revitalize dormant filling stations
– Save the Nigerian economy over N1.8 trillion annually
Petrol station owners are encouraged to register for free delivery and other benefits associated with this initiative. The direct supply of PMS is expected to enhance fuel distribution and ensure consistent supply across the targeted regions .
Lunagisthub
