Dangote Refinery dismisses reported increase in PMS price, affirms stability

Dangote Petroleum Refinery & Petrochemicals has clarified that the price of Premium Motor Spirit (petrol) remains unchanged, amid concerns over potential volatility in the downstream market.

A source at the company confirmed this in a statement made available to The Eagle Online on Wednesday.

According to the source, the refinery’s pricing structure remains intact, with the gantry price 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 source added that the refinery remains focused on ensuring the steady availability of refined petroleum products across Nigeria and the wider African market, reinforcing its role in supporting supply stability.