Fuel Price reduces to N970/liter

Dangote Petroleum Refinery has announced the reduction of the price of its Premium Motor Spirit (PMS) from N990/liter to N970/liter.

This is the same amount marketers would buy the product from the refinery.

It was confirmed in a statement on Sunday, signed by the Group Chief Branding and Communications Officer of the Dangote Group, Anthony Chiejina.

Chiejina said the reduction was to appreciate Nigerians as the year ends.

The statement reads:

“As the year comes to an end, this is our way of appreciating the good people of Nigeria for their unwavering support in making the refinery a dream come true.

In addition, this is to thank the government for their support as this will complement the measures put in place to encourage domestic enterprise for our collective well-being.”