Newscenter Media News In a bid to provide relief to Nigerians during the Yuletide season, Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) to N899.50 per litre.
This development was disclosed in a statement issued on Thursday by the refinery’s Group Chief Branding and Communications Officer, Anthony Chiejina.
The statement titled “Holiday Bonanza: Dangote Reduces PMS Price to N899.50k…Introduces special purchase offer for consumers” highlighted that this is the second price cut by Africa’s first privately-owned oil refinery in recent weeks. The price had previously been reduced to N970 per litre on November 24.
The company also introduced a special offer to further benefit consumers which allows consumers to purchase an additional litre of fuel on credit for every litre bought on a cash basis.
It reads, “Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to below N900 per litre, to provide much-needed relief for Nigerians ahead of the holiday season.
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“Africa’s first privately-owned oil refinery, which previously lowered the price to N970 per litre on November 24, has now announced a new price of N899.50 per litre. This reduction is designed to ease transport costs during the festive period.
“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM. Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank,” said Chiejina.
The refinery also expressed its gratitude to Nigerians for their continued support as the country enters the festive season.
Chiejina further emphasised the refinery’s commitment to ensuring Nigerians have access to premium quality petroleum products that are competitively priced, as well as environmentally and engine friendly. He highlighted that the refinery’s operations mark the end of Nigeria being a dumping ground for substandard and ‘blended’ imported products, which have posed significant risks to human health, machinery, and the environment.
By: Babajide Okeowo
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