Dangote Refinery has revealed a decrease in the price of Premium Motor Spirit to N899.50 per litre, aiming to provide relief to Nigerians as the holiday season draws near.
Anthony Chiejina, the Group Chief Branding and Communications Officer of the Dangote Group, made this announcement on Thursday.
The refinery, Africa’s first privately-owned oil refining facility, had previously cut the price to N970 per litre on November 24.
The latest reduction aims to ease transportation costs during the festive period, a time when Nigerians often face increased travel expenses
Announcing the special purchase offer, Chiejina said consumers can now buy an additional litre of fuel on credit for every litre purchased in cash, provided they secure a bank guarantee from Access Bank, First Bank, or Zenith Bank.
“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,” Chiejina said.
The refinery thanked Nigerians for their continued patronage and reiterated its commitment to supplying high-quality, environmentally friendly petroleum products at competitive prices.
Nigeria’s reliance on inferior and blended foreign petroleum products, which have traditionally impacted people’s health, equipment, and the environment, is being halted by the Dangote Refinery, Chiejina stressed.