Effective February 27, 2025, Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS) from N890 to N825 per liter.
This adjustment is expected to lower pump prices in Lagos to approximately N860 per liter at MRS Holdings stations. Prices may vary by region and retailer, with slight differences observed at AP (Ardova Petroleum) and Heyden stations.
This strategic price reduction aims to provide economic relief to Nigerians ahead of the Ramadan season and supports President Bola Ahmed Tinubu’s economic recovery initiatives.
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