Dangote Petroleum Refinery and Petrochemicals FZE has reduced the gantry price of Premium Motor Spirit (PMS) by N25 per litre, according to a notice issued to marketers by its Group Commercial Operations Department.
The reduction, which takes immediate effect, brings the ex-depot price down from N799 to N774 per litre.
The development is expected to influence pump prices across retail outlets, depending on distribution and other market factors.
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