Dangote Refinery and Petrochemicals has debunked the rumours about a fresh petrol price increment, saying its ex-depot price for Premium Motor Spirit (PMS) remains unchanged at N1,275 per litre.
The company disclosed this in a statement on Wednesday, noting that there has been no adjustment to its current pricing structure.
The clarification comes amid continued volatility in global energy markets and rising operational cost pressures across the petroleum value chain.
The refinery said the move is part of its broader strategy to support stability in the domestic fuel market and reduce the impact of external shocks on the Nigerian economy.
“Dangote Petroleum Refinery and Petrochemicals Limited wishes to clarify that the price of Premium Motor Spirit (PMS) remains unchanged, as our ex-depot price continues to remain the same.”
“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.”
The company said it is deliberately maintaining pricing levels despite rising global and operational cost pressures
The refinery added that its pricing approach is designed to ensure steady product availability while supporting broader energy market stability.
