Dangote Petroleum Refinery has announced a N25 per litre reduction in the ex-depot price of Premium Motor Spirit (PMS), lowering its gantry rate from N799 to N774 per litre with immediate effect nationwide.
The price adjustment, communicated to oil marketers via a circular posted on the company’s official X account on Tuesday night, takes effect from February 10, 2026.“This is to notify you of a change in our PMS gantry price from N799 per litre to N774 per litre,” the circular from the Group Commercial Operations Department read.
The refinery stated that the reduction strengthens the competitiveness of locally refined products, noting that the current landing price of imported PMS from Lome, Togo stands at approximately N793 per litre N19 higher than Dangote’s revised rate.
