Even after six price reductions by Dangote, the cost of petrol remains elevated.

Analysis by Daily Trust has revealed that, despite Dangote Petroleum Refinery and Petrochemicals’ ongoing reductions in the price of premium motor spirit (PMS), also known as petroleum, the cost of this product is still significantly elevated.

The refinery announced on the previous day a further reduction of N15 in the price of its high-quality Premium Motor Spirit (PMS).

This reduction means that Nigerians will now buy the product at these prices: N875 per litre in Lagos; South West: N885 per litre; It will cost N895 per litre in the North West and North Central regions, and N905 per litre in the South East, South South, and North East.

in a statement, it was mentioned that the prices will be applicable across all its partners, including MRS, AP (Ardova), Heyden, Optima Energy, Techno Oil, and Hyde.

The refinery invited other marketers to become part of its growing partnership network as a show of allegiance to President Bola Tinubu’s Nigeria First policy, which promotes the prioritization of locally produced goods and services.