… reduces ex-deport price of PMS by N30
Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N30.00, from N850 to N820 per litre, effective from 12th August 2025.
According to a press statement signed by Anthony Chiejina,Group Chief Branding and Communications Officer, he stated: “As part of our unwavering commitment to national development, Dangote Petroleum Refinery assures the public of a consistent and uninterrupted supply of petroleum products. “
“In line with our dedication to operational excellence and sustainable energy solutions, Dangote Petroleum Refinery will commence the phased deployment of 4,000 Compressed Natural Gas (CNG)-powered trucks for fuel distribution across Nigeria, effective August 15, 2025.”
Dangote Petroleum Refinery & Petrochemicals commenced recently the receipt of 4,000 compressed natural gas powered trucks, an integral part of its fuel distribution logistics programme set to start on August 15.
The initiative aims to transform the fuel distribution landscape within Nigeria by reducing logistics costs and enhancing supply efficiency for customers.
The fleet of fuel tankers, being imported through Apapa Port, represents a significant capital investment estimated at N720 billion. This expenditure underscores the company’s commitment to pioneering innovative solutions as the world’s largest single-train refinery continues to expand its operational capabilities.
The first consignment of trucks recently departed Apapa Port and was formally received at the refinery site in Ibeju-Lekki by Vice-President of Oil and Gas at Dangote Industries Ltd, Devakumar Edwin. The arrival was met with enthusiasm from refinery personnel and customers alike, many of whom were present to witness the tangible progress towards improved fuel accessibility.
Members of the public who observed the convoy’s journey from Apapa to Ibeju-Lekki expressed commendation for Dangote’s proactive approach in addressing the chronic logistics challenges that have long impeded the downstream sector.
Speaking on the rollout, Group Chief of Branding and Communication, Dangote Industries Limited, Mr Anthony Chiejina, provided further insights into the implementation strategy:
“The commencement of the initiative marks a groundbreaking development in Nigeria’s fuel distribution network. Given the complexities inherent in global supply chains, the delivery of these specialised CNG-powered tankers is indeed commendable. This approach ensures that we maintain operational efficiency while scaling up the fleet.
“Our unwavering commitment to this programme is reflected in our ongoing collaboration with key regulatory bodies and stakeholders to facilitate seamless deployment. We believe this initiative will significantly lower distribution costs and improve fuel availability for our customers nationwide.”
He added that over the next six weeks, the refinery expects at least sixty shiploads of these trucks to arrive in the country.
This innovative distribution model is expected to catalyse efficiency gains across Nigeria’s downstream petroleum sector, fostering greater transparency, reducing transportation bottlenecks, and ultimately enhancing energy security for the nation.
In June, Dangote Petroleum Refinery revealed a landmark investment exceeding N720 billion to deploy 4,000 Compressed Natural Gas (CNG)-powered trucks across Nigeria for the nationwide distribution of petroleum products. This bold initiative is projected to save Nigerians over N1.7 trillion annually in fuel distribution costs.