Dangote Refinery Reduces PMS Value Once more by N15; now N875/litre 

Dangote Petroleum Refinery & Petrochemicals has introduced one other discount of N15 within the value of its high-quality Premium Motor Spirit (PMS).

Because of this discount, Nigerians will now buy the product on the following costs: N875 per litre in Lagos; N885 per litre within the South West; N895 per litre within the North West and North Central, whereas it is going to be bought for N905 per litre within the South East, South South, and North East.

These costs will apply via all its companions, together with MRS, AP (Ardova), Heyden, Optima Vitality, Techno Oil, and Hyde. The refinery referred to as on different entrepreneurs to affix its increasing community of companions, thereby demonstrating their assist for President Bola Tinubu’s Nigeria First coverage, which advocates for the prioritisation of locally-produced items and providers

Because the graduation of operations, Dangote Petroleum Refinery has constantly carried out cost-reduction methods aimed toward delivering tangible financial savings to Nigerians. In February 2025, the corporate carried out two value reductions on petrol, leading to a complete lower of N125 per litre. This was adopted by an additional discount of roughly N45 per litre in April. Moreover, the costs of different key merchandise, akin to diesel and Liquefied Petroleum Fuel (LPG), have been considerably lowered, enhancing affordability throughout transportation, industrial, and home vitality sectors.

Dangote Petroleum Refinery lately reassured Nigerians of value stability regardless of fluctuations in world crude oil costs, reaffirming its dedication to supporting Nigeria’s economic system.

“By refining petroleum merchandise domestically on the world’s largest single-train refinery, we’re proud to make a considerable contribution to Nigeria’s vitality safety, overseas trade financial savings, and general financial resilience—aligning with President Bola Tinubu’s Renewed Hope Agenda, which focuses on addressing the nation’s financial challenges and enhancing the well-being of Nigerians. We’re immensely grateful to His Excellency, President Bola Tinubu, for making this potential via the commendable Naira-for-Crude Initiative, which has enabled us to constantly scale back the value of petroleum merchandise for the good thing about all Nigerians,” it said.

Dangote Petroleum Refinery additional assures the general public of a constant provide of petroleum merchandise, with enough reserves to fulfill home demand, in addition to a surplus for export to boost the nation’s overseas trade earnings.

The founding father of Dangote Refinery, Aliko Dangote, was named on Tuesday within the inaugural 2025 TIME100 Philanthropy record, which recognises the 100 most influential leaders shaping the way forward for philanthropy worldwide. The record, printed by TIME Journal, contains Aliko Dangote, whose Foundation spends a mean of $35 million yearly on programmes throughout Africa, alongside different world figures in charitable work, akin to Michael Bloomberg, Oprah Winfrey, Warren Buffett, and Melinda Gates, all of whom have been recognised as Titans.