Post by Goodnews Naija (@Goodnewsnaijapodcast)
Dangote Refinery Slashes PMS to ₦1,165/L, Diesel to ₦1,570/L
Dangote Petroleum Refinery has reduced the ex-depot prices of Premium Motor Spirit (PMS) and diesel, lowering petrol to ₦1,165 per litre and diesel to ₦1,570 per litre, effective August 6. The refinery said the price adjustment is aimed at making fuel more affordable, improving access to refined petroleum products, supporting businesses and consumers, and strengthening Nigeria’s energy security through a stable local supply.
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Felix: Lower fuel prices are a positive step, and many Nigerians will hope the reduction is reflected at filling stations and eases the cost of living.
Felix: Lower fuel prices are welcome, but the real impact will be measured by how much relief ordinary Nigerians feel in transportation, food prices, and the overall cost of living.