The Dangote Refinery has officially announced a nationwide reduction in the pump price of Premium Motor Spirit (PMS), widely known as petrol. This development comes as the company also confirmed that its long-awaited direct fuel distribution initiative will commence on Monday, September 15, 2025.

The initiative, initially scheduled for August 15, 2025, is a critical step in the company’s strategy to transform petroleum product delivery in Nigeria. With the new plan, the $20 billion mega-refinery will leverage 4,000 compressed natural gas (CNG) trucks to distribute petrol and diesel directly to consumers across the country at zero logistics cost.

New Price Template Announced

According to Dangote Refinery, the latest price update sets the gantry price at ₦820 per litre, consistent with last month’s announcement. However, retail prices vary across states:

• In Lagos, Oyo, Ogun, Ondo, and Ekiti, the revised petrol retail price is ₦841 per litre, down from ₦860.
• In Abuja, Edo, Delta, Rivers, and Kwara, the pump price is now ₦851 per litre, reduced from ₦885.

This adjustment translates to a ₦19 reduction in the South-West and a ₦34 reduction across Abuja, the North Central, and South-South regions.

Implementation and Impact

The company emphasized that the new price template and direct distribution scheme will take effect nationwide on September 15, 2025. By removing logistics costs and bypassing traditional middlemen, the refinery aims to make petrol more affordable and accessible for Nigerians.

LMSINT Media can confirm that the revised template is not compulsory for independent petroleum marketers. However, it remains binding on Dangote Refinery’s major partners, including MRS Oil and other official distributors.

Labour Union Response

Meanwhile, tensions persist between Dangote Group and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). The union recently hinted at the possibility of resuming strike action, accusing Dangote of failing to uphold certain agreements.

In response, Dangote Group reiterated its commitment to fair labour practices, stressing that it respects the voluntary membership of unions by its employees.

The announcement has sparked mixed reactions nationwide, with many Nigerians hopeful that the initiative will bring lasting relief to fuel costs and reduce the frequent challenges associated with fuel scarcity and inflated prices.