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EquityTV > Business > Dangote Refinery Maintains Petrol Price, Reaffirms Market Stability Commitment
Business

Dangote Refinery Maintains Petrol Price, Reaffirms Market Stability Commitment

Roheemat Asipita Musa
Last updated: May 6, 2026 4:24 pm
Roheemat Asipita Musa
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Dangote Petroleum Refinery and Petrochemicals Limited has announced that the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, remains unchanged.

In a statement issued on Wednesday via its official X handle, the company said its ex-depot price has been maintained, underscoring its commitment to stability in Nigeria’s domestic energy market.

“The Refinery, by sustaining its current prices, is reaffirming its commitment to supporting stability in the domestic energy market and cushioning the wider economy against external shocks.”

While the refinery did not specify the exact price for marketers and consumers, it emphasised that the decision reflects a deliberate effort to manage prevailing cost pressures without transferring the burden to the market.

The company noted that maintaining current pricing would help moderate inflationary trends, improve affordability, and ensure consistent fuel supply amid ongoing global uncertainties affecting energy markets.

Dangote Petroleum Refinery and Petrochemicals Limited further reiterated its commitment to delivering high-quality petroleum products while supporting national goals of energy security and price stability.

It also advised stakeholders and the public to rely only on its official communications for accurate and up-to-date information regarding its pricing and operations.

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