Wednesday, July 23, 2025
  • REPORT A STORY
  • PRIVACY
  • CONTACT US
WITHIN NIGERIA - NEWS PICKS
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS
No Result
View All Result
WITHIN NIGERIA - NEWS PICKS
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
  • ENTERTAINMENT
  • MORE

BREAKING: Dangote refinery slashes petrol price

...to roll out series of innovative strategies aimed at delivering tangible benefits to marketers

Adejayan Gbenga Gsong by Adejayan Gbenga Gsong
February 1, 2025
in BREAKING, National
Reading Time: 2 mins read
0 0
A A
0
Dangote refinery
Share on FacebookShare on Twitter
  • Vows to remain committed to transparency and fairness to all stakeholders

Dangote Petroleum Refinery has reduced the ex-depot (gantry) price of Premium Motor Spirit (PMS), also known as petrol, to N890 per litre, from N950 per litre, effective from Saturday, February 1, 2025.

However, Dangote Petroleum Refinery said the price reduction was based on developments in the global oil market, adding that it remains committed to transparency and fairness to all stakeholders.

In a statement, the company stated, “This strategic adjustment is a direct response to the positive outlook within the global energy and gas markets, as well as the recent reduction in international crude oil prices. As part of Dangote Refinery’s unwavering commitment to transparency and fairness, this price revision reflects the ongoing fluctuations in global crude oil markets, as highlighted in the refinery’s statement on 19th January, when a modest increase was implemented due to the previously rising international crude oil prices.

“Dangote Petroleum Refinery firmly believes that this reduction from N950 to N890 will result in a meaningful decrease in the cost of petrol nationwide, thereby driving down the prices of goods and services, as well as the overall cost of living, with a positive ripple effect on various sectors of the economy.

READ ALSO

Coalition: Why I can’t leave PDP for ADC – Sule Lamido

Three House of Reps members dump PDP for APC

2027: Tinubu turning into dictator, using state institutions to crush opposition – Sule Lamido

We’ll withdraw from 2027 polls if Nnamdi Kanu remains in custody — Igbo youth forum

“In addition, Dangote Petroleum Refinery calls upon marketers to collaborate in this effort to ensure that these benefits are passed on to the Nigerian populace. This collective initiative will contribute to the wider economic recovery plan led by His Excellency, President Bola Ahmed Tinubu, who is dedicated to making Nigeria self-sufficient in refined petroleum products and positioning the country as a leading oil export hub.”

It added, “In the coming weeks, the Dangote Petroleum Refinery will roll out a series of innovative strategies aimed at delivering tangible benefits to marketers, consumers, and all stakeholders, thereby contributing to the sustainable progress and development of the nation.”

POPULAR TODAY

    • All
    • National
    • Local News
    • Politics
    • World News
    • Sports
    • XTRA

    2027: Why Obi, El-Rufai are yet to join our party — ADC

    July 21, 2025

    We’ll withdraw from 2027 polls if Nnamdi Kanu remains in custody — Igbo youth forum

    July 23, 2025

    2027: Peter Obi free to contest without me | he’s aware of my meeting with Abure – Datti Baba-Ahmed

    July 23, 2025

    Why Peter Obi must seek permission from Gov Okpebholo before visiting Edo – Wike

    July 22, 2025

    Discussion about this post

    ADVERTISEMENT
    NEWS PICKS — WITHIN NIGERIA

    WITHIN NIGERIA MEDIA LTD.

    NEWS, MULTI MEDIA

    WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

    Follow us on social media:

    CORPORATE LINKS

    • About
    • Contacts
    • Report a story
    • Advertisement
    • Content Policy
    • Privacy Policy
    • Terms
     
    • Fact-Checking Policy
    • Ethics Policy
    • Corrections Policy
    • REPORT A STORY
    • PRIVACY
    • CONTACT US

    © 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • HOME
    • FEATURES
    • NEWS PICKS
      • BREAKING
      • National
      • Local News
      • Politics
      • Diaspora
      • Business
      • Education
      • Sports
      • World News
        • Africa
        • U.S
        • Asia
        • Europe
      • XTRA
    • ENTERTAINMENT
    • MORE
      • GIST
      • ARTICLES
      • VIDEOS

    © 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName