The Dangote Refinery has announced a reduction in the retail price of premium motor spirit (PMS) across the country, effective Monday, September 15, 2025, when it will also commence its long-awaited direct petrol distribution initiative.

The refinery, which has a production capacity of 650,000 barrels per day, disclosed the update in a new price template released on its official X handle.

According to the company, the new gantry price remains at ₦820 per litre, the same as last month. However, retail pump prices will drop as the refinery begins direct delivery to consumers using its fleet of 4,000 compressed natural gas (CNG) trucks, eliminating logistics costs.

Under the new price regime:

  • In Lagos, Oyo, Ogun, Ondo, and Ekiti states, petrol will now retail at ₦841 per litre, down from ₦860.

  • In Abuja, Edo, Delta, Rivers, and Kwara states, the new retail price is ₦851 per litre, reduced from ₦885.

This translates to a ₦19 per litre cut in South-west states and ₦34 per litre reduction in Abuja, the North-central, and the South-south.

The refinery stressed that the initiative will deliver petrol and diesel directly to willing consumers at reduced costs starting September 15.

Meanwhile, it noted that the new price template is not binding on independent petroleum marketers and retailers, except MRS and other official distribution partners.

The development comes amid tensions with the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), which recently threatened to resume strike action, accusing Dangote Group of breaching resolutions reached with the union.

In response, the Dangote Group reiterated that it respects workers’ rights to voluntary union membership and will continue dialogue to address labour concerns.