The Dangote Petroleum Refinery has announced a reduction in petrol prices and will commence direct distribution of Premium Motor Spirit (PMS) to filling stations across the country from Monday, September 15.
In a statement on Thursday, the company confirmed that the gantry price has been reduced to N820 per litre, with pump prices adjusted in several states. Petrol will retail at N841 per litre in Lagos and other South-West states, while Abuja, Rivers, Delta, Edo, and Kwara will sell at N851 per litre.
The refinery said the rollout will begin with the Federal Capital Territory, Lagos, Kwara, Delta, Edo, Rivers, and the South-West region before expanding nationwide as more trucks are deployed.
“This transition to CNG-powered transportation is expected to save the Nigerian economy over N1.8 trillion annually. The move is designed to cut fuel distribution costs, reduce pump prices, and ease inflationary pressures,” the statement read.
According to Dangote, the initiative will particularly benefit more than 42 million micro, small, and medium enterprises (MSMEs) by reducing energy costs and boosting profitability.
The company disclosed that over N720 billion is being invested into the programme, which will also revitalise dormant filling stations and create new jobs, including opportunities for truck drivers, station managers, and fuel attendants.
Dangote further urged stakeholders—such as petrol station operators, telecommunications firms, and large-scale fuel consumers—to collaborate with the scheme to maximise its nationwide impact.
The refinery also encouraged filling station owners to register for free delivery and other benefits tied to the initiative.
