Dangote Petroleum Refinery and Petrochemicals Limited has dismissed reports of an increase in the price of Premium Motor Spirit, PMS, stating that its ex-depot price remains unchanged.
In a statement, the refinery said it is maintaining its current pricing structure as part of efforts to support stability in Nigeria’s domestic energy market and shield the economy from external shocks.
The company noted that by holding prices steady despite prevailing cost pressures, it is helping to moderate inflationary trends, improve fuel affordability, and ensure uninterrupted supply of petroleum products.
Dangote Refinery reaffirmed its commitment to the consistent supply of high-quality fuel to the Nigerian market, adding that its operations align with national goals of price stability and energy security.
The company also urged the public to rely only on its official communications for accurate and up-to-date information regarding its pricing and operations.
The clarification comes amid heightened sensitivity around fuel pricing in Nigeria, where fluctuations often have immediate effects on transportation costs, food prices, and overall cost of living.
