Dangote Petroleum Refinery has announced a price reduction for Premium Motor Spirit (PMS), from N990 to N970 per litre.

The announcement, made on Sunday by Anthony Chiejina, the Group Chief Branding and Communications Officer, was described as a gesture of gratitude to Nigerians for their support during the refinery’s journey to operational status.

Chiejina said, “As the year comes to an end, this is our way of appreciating the good people of Nigeria for their unwavering support in making the refinery a dream come true.”

He also acknowledged the government’s role in supporting domestic enterprises, adding that the refinery remains committed to producing high-quality, environmentally friendly, and sustainable petroleum products.

“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption, thus dispelling any fear of a shortfall in supply,” Chiejina assured.

This price adjustment comes as a move to complement measures aimed at encouraging local enterprise and ensuring collective well-being.

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