Lagos — The Dangote Refinery has again slashed the ex-depot price of the Premium Motor Spirit, PMS – also known as petrol – to N835 per litre.
The new price is a N30 reduction or 3.5 percent decrease from N865 per litre introduced six days ago by the refinery. The new price is also a N45 drop in the N880 per litre price it sold the product at a week ago.
The management of the refinery said in a in a notice to customers on Wednesday that the new price includes charges by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA.
The new price structure shows that petrol at the gantry will now sell for N835 per litre, inclusive of NMDPRA statutory levies, while coastal sales remain on hold
The notice to the customers also set the gantry price for diesel at $608 plus a $70 surcharge, payable either in naira at N1,650/$ or in USD. Coastal sales are also on hold.
Jet fuel will be sold at $664.75 with a $42 gantry surcharge and a $22 coastal surcharge.
The prices for cooking gas at both gantry and coastal points are currently on hold.
