NewStats: 3,263,062 , 8,178,984 topics. Date: Wednesday, 04 June 2025 at 02:39 PM 2e71v

In a significant development, Dangote Petroleum Refinery has announced a further reduction in the gantry price of Motor Spirit (PMS), commonly known as petrol.


The new price is set at N835 per litre, down from N865 per litre, marking a 3.5 per cent decrease.
This price adjustment follows the recent decline in global crude oil prices, which have dropped to $64 per barrel from over $70 per barrel in recent weeks.


The refinery had previously reduced its gantry price from N880 to N865 per litre; however, oil marketers did not on the savings to consumers.

The Dangote Refinery, with a capacity of 650,000 barrels per day, continues to play a crucial role in Nigeria’s energy landscape

https://www.vanguardngr.com/2025/04/breaking-again-dangote-refinery-reduces-petrol-price-by-3-5-to-n835-per-litre/

Yet, transport no come down,. God abeg which kind thing we just go put hand for in this country sef

Good one.

This is what we call market forces at play.

Dangote refinery will definitely bring sanity to the oil market.

It should go back to 80 Naira per liter.. crude oil has crashed to record lows globally

This is good, keep coming down, down

Good news

When it reaches N400, Nlfpmod!

It should be N150 per liter.

Drivers no go reduce

We de wait until e reach 400naira, marketers no gree reduce price of other commodities, but make dem increase fuel by 10naira you go hear different talk

I’m just waiting for BUA refinery to come online and give Dangote a run for his money.

That’s when the real market forces will come into play.

Let the masses breathe.

treesun:

[/b]
https://www.vanguardngr.com/2025/04/breaking-again-dangote-refinery-reduces-petrol-price-by-3-5-to-n835-per-litre/

Make this thin try go back to like 500

ambale:
Yet, transport no come down,. God abeg which kind thing we just go put hand for in this country sef

that's for u to knw that naturally.... we're not good ppl in this country....it's not about our government alone

All these mumu increasing and decrea and down

Okay na

we are yet to see the effect of all these reductions in the public oh, what is happening

treesun:

[/b]
https://www.vanguardngr.com/2025/04/breaking-again-dangote-refinery-reduces-petrol-price-by-3-5-to-n835-per-litre/

Make dangote build petrol stations abeg

Okay oh, you reduced it by 3.5% today and want Nigerians to hail you ONLY to turn around and increase it by 35% the next week so Nigerians can start hoping for another 3.5% decrease again

9ja matter na like boju - boju aka. The more you look - The less you see

Good development

ambale:
Yet, transport no come down,. God abeg which kind thing we just go put hand for in this country sef

Yes because the reduction is insignificant

thank you alhaji

W

Pootle:
thank you alhaji

for what sir

Bring to as low as ₦300.

Good

Welcome development

Pootle:
thank you alhaji

Dangote continue to press their neck.

Good news

The refinery had previously reduced its gantry price from N880 to N865 per litre; however, oil marketers did not on the savings to consumers.



These marketers are the main problem of the downstream sector. Really sad.

Meanwhile, I thought Dangote now exports all his products now. Has he started selling locally again?