Dangote Refinery Cuts Petrol Gantry Price to N774/Litre

Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit by N25 per litre, lowering its ex-depot/gantry rate from N799 to N774 per litre.

The refinery communicated the price adjustment to marketers on Tuesday, confirming that the new rate takes immediate effect nationwide, according to a statement.

“This is to notify you of a change in our PMS gantry price from N799 per litre to N774 per litre,” the refinery said.

The adjustment further strengthens the competitiveness of locally refined products, as the current landing price of imported petrol from Lome stands at about N793 per litre, compared to Dangote Refinery’s ex depot price of N774 per litre, the statement said.

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