Dangote Petroleum Refinery has taken another significant step in Nigeria’s fuel market by launching free delivery of Premium Motor Spirit (PMS), popularly known as petrol, to Abuja and five key states across the country. The initiative, announced through the company’s official communication channels on Wednesday, comes as motorists and businesses continue to seek relief from fluctuating fuel costs and distribution challenges.
Under the new arrangement, customers purchasing a minimum of 250,000 litres of petrol will benefit from free delivery services to Lagos, Ogun, Rivers, Kaduna, and Delta states, as well as the Federal Capital Territory (FCT), Abuja. Despite the added logistics support, the refinery has maintained its ex-depot price at N1,075 per litre, a move that industry observers believe could further ease pressure on fuel marketers and consumers.
The development follows recent engagements between Dangote Refinery and stakeholders in Nigeria’s downstream petroleum sector, where discussions focused on achieving cost-reflective pricing for petrol. The meeting reportedly ended on a positive note, with industry players expressing optimism and support for additional fuel price reductions that could benefit millions of Nigerians.
Dangote Refinery has been at the center of recent shifts in the country’s petroleum market, having announced multiple reductions in the gantry price of petrol in recent months. The latest adjustment marks the fourth price cut by the refinery, reinforcing its strategy of making fuel more accessible while increasing efficiency in the distribution network. Analysts say the free delivery initiative could help reduce transportation costs that often contribute to higher pump prices nationwide.
The impact of these price adjustments is already being felt across the market. According to the President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, petrol prices have dropped by as much as N125 per litre within the last three weeks. Retail prices currently range between N1,155 and N1,299 per litre, depending on location and marketer, offering some welcome relief to consumers grappling with the high cost of transportation and living expenses.
source: punch