In a bid to offer relief to Nigerians during Yuletide, Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) to N899.50 per litre.
The announcement was made in a recent statement issued by the refinery’s Group Chief Branding and Communications Officer, Anthony Chiejina.
The statement is titled “Holiday Bonanza: Dangote Reduces PMS Price to N899.50k…Introduces special purchase offer for consumers” and it highlighted that this is the second price reduction by Africa’s first privately-owned oil refinery in recent weeks. The price was first reduced to N970 per litre on November 24.
Also, the company introduced a special offer to further benefit consumers which permits consumers to buy an additional litre of fuel on credit for every litre bought on a cash basis.
The statement read: “Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to below N900 per litre, to provide much-needed relief for Nigerians ahead of the holiday season.
“Africa’s first privately-owned oil refinery, which previously lowered the price to N970 per litre on November 24, has now announced a new price of N899.50 per litre. This reduction is designed to ease transport costs during the festive period.
“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM. Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank.”
The refinery also thanked Nigerians for their continued support as the country enters the festive season.