Dangote Petroleum Refinery reduces gantry petrol price to ₦828/litre

By Udeme Akpan
The Dangote Petroleum Refinery has reduced the gantry price of its Premium Motor Spirit, PMS, also known as petrol, to ₦828 per litre from ₦877 per litre, indicating a decrease of 5.6 percent.The move comes despite the increase in crude oil prices to an average of $64 per barrel, yesterday from $62 per barrel the previous day.Checks by Vanguard showed that the drop in prices was attributed to a just-strengthened crude supply arrangement between Dangote Refinery and NN