Dangote Refinery Affirms PMS Value Stability, Denies Enhance

Dangote Petroleum Refinery & Petrochemicals has reaffirmed that the worth of Premium Motor Spirit (PMS), generally generally known as petrol, stays unchanged, allaying considerations over doable volatility in Nigeria’s downstream petroleum market.

A supply inside the firm disclosed that its present pricing construction remains to be in impact, with the gantry value fastened at N1,200 per litre, whereas the coastal value stands at N1,153 per litre.

“We’re sustaining our present value and haven’t carried out any new pricing for our clients,” the supply mentioned.

The clarification comes amid hypothesis about potential changes in gasoline costs, which have raised nervousness amongst shoppers and business stakeholders.

The supply additional careworn that the refinery stays dedicated to making sure constant provide of refined petroleum merchandise, not solely inside Nigeria however throughout the African market.

In accordance with the supply, the corporate’s precedence is to maintain product availability and contribute to market stability, reinforcing its strategic function within the area’s power provide chain.

Boluwatife Enome

Times Nigeria

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