Dangote Refinery Raises Petrol Prices
Business

Dangote Refinery Raises Petrol Prices


The management of Dangote Petrochemical Refinery has announced an upward review of the price of Premium Motor Spirit (PMS), raising the gantry price to ₦799 per litre and the pump price to ₦839 per litre at MRS filling stations nationwide.
The new pricing represents an increase from the previous gantry price of ₦699 per litre and the ₦739 per litre pump price announced ahead of the last yuletide season.
The refinery had earlier assured consumers that the ₦739 pump price would be enforced, with Dangote reiterating his commitment to curb price manipulation in the downstream sector. He had stated that MRS stations would begin selling petrol at ₦739 per litre from Tuesday.
However, the latest adjustment signals a fresh hike in the cost of petrol across MRS outlets.

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