Dangote Petroleum Refinery has announced it has reduced the gantry price of Premium Motor Spirit, PMS, also known as petrol to N825 per litre from N835 per litre.
This followed intense competition at the domestic market.
Recall that last month, the 650,000 barrels per day refinery reduced the gantry price of petrol to N835 per litre from N865 per litre.
It was gathered that the latest adjustment is targeted at giving customers more value, as well as consolidating its leadership position in the domestic market.
Details shortly…