The Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) from ₦990 per litre to ₦970 per litre for marketers.
In a statement issued on Sunday by Anthony Chiejina, the Group Chief Branding and Communications Officer, the company expressed gratitude to Nigerians for their support.
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“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 their support, as this will complement measures put in place to encourage domestic enterprise for our collective well-being,” the statement read.
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The company reassured the public of the refinery’s commitment to producing high-quality, environmentally friendly products while ramping up production to meet domestic demand and eliminate fears of fuel shortages.
This move is seen as a step towards stabilizing the fuel market and reducing the financial burden on Nigerians.