The Dangote Petroleum Refinery has disclosed that it has reduced petrol price to N820 per litre, just as it also announced that will begin the direct distribution of Premium Motor Spirit (PMS) to filling stations across the country, beginning on Monday, September 15, 2025.
The refinery, which made this disclosure through a statement, said the initiative will see the gantry price reduced to N820 per litre, with corresponding lower pump prices in several key states.
According to the statement issued on Thursday by the company , Lagos and other South-Western states will see fuel retailing at N841 per litre, while Abuja, Rivers, Delta, Edo, and Kwara states will sell at N851 per litre.
“The first phase of the deployment will cover the Federal Capital Territory, Lagos, Kwara, Delta, Edo, Rivers and South West states, with nationwide expansion planned as additional trucks are delivered.”
“This transition to CNG-powered transportation is expected to save the Nigerian economy over N1.8 trillion annually. The move is designed to cut fuel distribution costs, reduce pump prices, and ease inflationary pressures.
“In particular, the initiative is expected to benefit more than 42 million micro, small and medium enterprises (MSMEs) by lowering energy costs and improving profit margins.” the Dangote Refinery said in the statement.
According to the company, the Dangote Group is investing over N720 billion into the programme, which is also anticipated to revitalise dormant filling stations across the country.
The project is expected to create numerous direct employment opportunities, including roles for truck drivers, filling station managers, and fuel attendants.
It asked stakeholders, including fuel station operators, telecommunications companies, and large-scale fuel consumers to partner with the initiative to ensure its success and maximise its economic impact
