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Dangote refinery reduces PMS price

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Dangote refinery reduces PMS price
Written by Areatatafo

 Nigeria’s Dangote Refinery has reduced the Premium Motor
Spirit (Petrol) price for marketers to N970 per litre.

 

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The spokesperson of Dangote Group, Anthony Chiejina,
disclosed this in a statement on Sunday.

 

According to him, the 650,000 barrels per day refinery
slashed the petrol price by N20 from N990 per litre to N970.

 

This comes as the company vowed not to compromise on the
quality and standard of its product.

 

“Dangote Petroleum Refinery has affected a reduction in the
prevailing price of its Premium Motor Spirit (PMS) from N990/litre to
N970/litre for the marketers.

 

“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 its support, as this will complement the measures put in place to encourage
domestic enterprise for our collective well-being.

 

“While the refinery would not compromise on the quality of
its petroleum products, We assure you of the best quality products that are
environmentally friendly and sustainable.

 

“We are determined to keep ramping up production to meet and
surpass our domestic fuel consumption; thus, dispelling any fear of a shortfall
in supply”.

 

This comes after the Refinery and Independent Petroleum
Marketers Association of Nigeria reached an agreement for direct fuel purchase.

 

Fuel is sold across Nigerian filling stations between N1060
and N1,115 per litre.

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