June 13, 2025
Dangote Assures PMS Price Stability Despite Increase in Oil Prices
News Today In the News

Dangote Assures PMS Price Stability Despite Increase in Oil Prices

Dangote Assures PMS Price Stability Despite Increase in Oil Prices

The Dangote Petroleum Refinery says it has continued to cut the price of Premium Motor Spirit—widely known as petrol—despite turbulence in international crude oil markets.

In a statement signed by the Group Chief Branding and Communications Officer, Anthony Chiejina, the company said the move was aimed at easing pressure on consumers and supporting broader efforts to stabilise Nigeria’s economy.

Also Read: ECOWAS Restates Commitment to Helping Niger Achieve Peaceful Democratic Stability

The refinery, which is viewed as central to the country’s push for fuel self-sufficiency, said its pricing approach reflects a long-term commitment to affordability, reliability, and sustainability.

While global benchmarks have seen wild swings in recent months, Dangote’s management insists operational efficiency has enabled it to shield domestic fuel prices from further hikes.

Leave feedback about this

News, Today In the News

News, Today In the News

News, Today In the News