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The Dangote Petroleum Refinery has further slashed the price of Premium Motor Spirit (PMS) to N899.50 per litre, offering Nigerians a reprieve as the holiday season approaches.
This price reduction, following a previous adjustment to N970 per litre on November 24, aims to alleviate transportation costs, which typically spike during the festive period.
Announcing the development on Thursday, Anthony Chiejina, the Group Chief Branding and Communications Officer of Dangote Group, noted the refinery’s commitment to easing the financial burden on Nigerians.
“This latest price adjustment reflects our desire to provide some relief to Nigerians during the holiday season,” he stated.
The move has been widely praised for its consideration of the economic struggles many Nigerians face, especially during a time when travel and living expenses tend to rise sharply.