Yemi Obafemi
Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS) by N25 per litre, bringing its ex-depot/gantry rate down from N799 to N774 per litre.
The development was announced in a statement issued by the refinery’s management on Tuesday.
“This is to notify you of a change in our PMS gantry price from N799 per litre to N774 per litre,” the statement read.
The adjustment further strengthens the competitiveness of locally refined products, as the current landing price of imported PMS from Lome stands at about N793 per litre, compared to Dangote Refinery’s ex depot/gantry price of N774 per litre.
