Another drop in the price of Premium Motor Spirit, PMS, or gasoline has been announced by Dangote Refinery.
Anthony Chiejina, the company’s spokesperson, revealed this in a message posted on its official X account on Thursday.
The oil company lowered the ex-depot price of gasoline from N970 to N899.50 per liter.
“…We have now announced a new price of N899.50 per litre. This reduction is designed to ease transport costs during the festive period.
“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM.
“Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank,” said Chiejina.
This follows the company’s November gasoline price cut to N970 per litre.
According to reports, oil marketers and the Nigerian National Petroleum Company Limited (NNPC) have lowered the price of gasoline in their retail locations in recent days.
