Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦825 per litre, down from the previous ₦835, as competition intensifies in the domestic fuel market.

This marks the second price reduction in recent weeks. Last month, the 650,000 barrels-per-day refinery cut its price from ₦865 to ₦835 per litre.

Checks by our correspondent indicate that the latest adjustment is aimed at offering more value to customers and strengthening the refinery’s leadership in Nigeria’s petroleum supply landscape.