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Dangote Refinery has accrued its gantry terms for Premium Motor Spirit, PMS and resumed the merchantability of its refined petroleum products successful naira.
The refinery announced the improvement successful a connection issued on Wednesday, confirming that marketers tin erstwhile again acquisition the merchandise successful the section currency.
According to the 700,000-barrel-per-day refinery, it has pegged its petrol gantry terms astatine N1,215 per litre, up from N1,175 per litre, which was the erstwhile terms earlier income were suspended connected July 14, 2026.
“Dangote Petroleum Refinery has resumed the merchantability of Premium Motor Spirit (PMS) successful naira, providing a measurement of alleviation to marketers and consumers. “The gantry terms is fixed astatine N1,215 per litre”.
The caller terms represents a N40 summation from the erstwhile terms of N1,175 per litre.
Recall that connected July 14, 2026, Dangote Refinery resumed the merchantability of petroleum products to off-takers successful dollars.
Dangote Refinery’s determination had created uncertainty successful the country’s downstream lipid sector.
Recall that implicit the past week, depot owners and marketers accrued petrol prices astatine slightest twice.
Currently, the retail substance terms stands betwixt N1,270 and N1,350 per litre successful Abuja and its environs.
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