Dangote Petroleum Refinery has lowered its gantry value of Premium Motor Spirit or petrol/gasoline by N25 per litre, reducing its former depot/gantry fee from N799 to N774 per litre.
The Group Industrial Operations Division, Dangote Petroleum Refinery and Petrochemicals FZE, made the announcement on Tuesday night time via a round it shared on its official X account.
In keeping with the value adjustment that the corporate communicated to grease entrepreneurs, the brand new fee takes speedy impact nationwide.
“That is to inform you of a change in our PMS gantry value from N799 per litre to N774 per litre,” the round learn.
It defined that the adjustment additional strengthens the competitiveness of regionally refined merchandise, as the present touchdown value of imported PMS from Lome, Togo stands at about N793 per litre, in comparison with Dangote Refinery’s ex depot/gantry value of N774 per litre.
The transfer, efficient nationwide from February 10, 2026, follows the refinery’s full operations since 2024, aiming to cut back Nigeria’s $10 billion annual gasoline import invoice amid ongoing naira volatility.
The refinery additionally introduced an finish to its PMS lifting incentive scheme, which it had initially launched to help quantity offtake by petroleum entrepreneurs.
“Moreover, please word that the PMS lifting bonus ended at 12:00 a.m. on tenth February 2026. The corresponding credit score for volumes loaded from 2nd to tenth February 2026, throughout the stipulated quantity thresholds earlier communicated can be posted to your account assertion. Thanks in your continued partnership,” the discover learn.”
Earlier this week, Dangote had reaffirmed its dedication to supplying high-quality petroleum merchandise at aggressive and inexpensive costs, urging entrepreneurs and policymakers to prioritise logistics decisions that help value stability and shopper welfare.
It, nonetheless, backed gantry loading and cautioned that coastal supply might add about N75 per litre to the price of petrol.
The refinery, in a press release, mentioned its place is anchored on sustained investments in crucial infrastructure, together with a world-class gantry facility with 91 loading bays able to loading as much as 2,900 tankers each day.
It mentioned that working on a 24-hour foundation, the ability can evacuate over 50 million litres of Premium Motor Spirit (PMS), 14 million litres of Automotive Gasoline Oil (diesel) and different refined merchandise every day, sustaining that gantry loading stays probably the most economically environment friendly and operationally efficient choice.
In keeping with the corporate, direct gantry evacuation eliminates port prices, maritime levies and vessel-related prices that don’t add worth to finish customers, serving to to optimise prices, enhance distribution effectivity and help value stability.
“Nevertheless, reliance on coastal supply, significantly inside Lagos State, might introduce avoidable prices with materials implications for gasoline pricing, shopper welfare and general {economic} wellbeing. In our opinion, coastal logistics can add roughly N75 per litre to the price of petrol, which, if handed on to customers, would push the pump value of PMS near N1,000 per litre,” the refinery said.