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Dangote Refinery Cuts Petrol Price, Begins Direct Supply to Filling Stations Monday
The Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, alongside plans to begin direct distribution of the product to filling stations nationwide starting Monday, September 15, 2025.
In a statement issued Thursday, the refinery disclosed that the gantry price has been set at ₦820 per litre, a move expected to translate into lower pump prices across several key states.
According to the pricing schedule, Lagos and other South-West states will retail petrol at ₦841 per litre, Abuja, Rivers, Delta, Edo, and Kwara states will sell at ₦851 per litre.
The company noted that the first phase of distribution will cover the Federal Capital Territory, Lagos, Kwara, Delta, Edo, Rivers, and other South-West states, with expansion to follow as more trucks become available.
“The first phase of the deployment will cover the Federal Capital Territory, Lagos, Kwara, Delta, Edo, Rivers and South West states, with nationwide expansion planned as additional trucks are delivered,” the Dangote Refinery said in a statement.
The refinery explained that the initiative will rely on CNG-powered trucks, which it projects will save the Nigerian economy more than ₦1.8 trillion annually by reducing transportation costs, cutting pump prices, and easing inflationary pressures.
The company added that the measure will especially benefit over 42 million micro, small, and medium enterprises (MSMEs) by lowering energy costs and improving profitability.
“This transition to CNG-powered transportation is expected to save the Nigerian economy over N1.8 trillion annually. The move is designed to cut fuel distribution costs, reduce pump prices, and ease inflationary pressures.
“In particular, the initiative is expected to benefit more than 42 million micro, small and medium enterprises (MSMEs) by lowering energy costs and improving profit margins.”
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