Dangote Refinery lowers petrol price by N75/l as oil falls by 5%

Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, by six  per cent, or N75 per litre, following a sharp decline in global crude oil prices triggered by easing tensions in the Middle East.The refinery said in a circular to marketers that the new ex-gantry price has been reduced from N1,250 per litre to N1,175 per litre, effective from midnight on June 16, 2026.

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