Daily Lens
Dangote Refinery has announced a nationwide reduction in the retail price of Premium Motor Spirit (PMS), also known as petrol, while setting Monday, September 15, 2025, as the commencement date for its direct fuel distribution initiative.
The initiative, originally scheduled for August 15, will allow the $20 billion refinery to distribute petrol and diesel directly to consumers using its fleet of 4,000 compressed natural gas (CNG) trucks at zero logistics cost.
New Price Template
In its latest update, the 650,000-barrel-per-day refinery maintained its gantry price at N820 per litre, the same as last month. According to the new price structure released on its official X account:
Lagos, Oyo, Ogun, Ondo, and Ekiti: N841 per litre (down from N860).
Abuja, Edo, Delta, Rivers, and Kwara: N851 per litre (down from N885).
This translates to a N19 reduction in Lagos and other South-West states, and a N34 reduction across Abuja, the North-Central, and South-South regions. The revised prices and direct supply system will take effect from September 15, 2025.
Labour Dispute
The development comes amid an ongoing dispute between Dangote Group and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). On Thursday, NUPENG threatened to resume strike action, accusing the refinery of failing to honour recent agreements.
In response, Dangote Group emphasized that it respects workers’ rights, including voluntary union membership.
Distribution Partners
Meanwhile, the company clarified that its price template is not binding on independent petroleum marketers and retailers, except for MRS and other designated distribution partners.