In a move that may offer some relief to consumers, the Dangote Petroleum Refinery has reduced the ex-depot (ex-gantry) price of its premium motor spirit (PMS) from ₦880 to ₦865 per litre.
An official of the $20 billion refinery confirmed the development on Thursday in a statement to newsmen, stating that marketers and distributors had already been informed of the new price.
This adjustment comes amid ongoing concerns over high fuel costs and its impact on inflation and transportation across the country.
More details to follow.
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