Dangote Refinery has reduced the ex-gantry loading cost of its premium motor spirit (PMS) from ₦880 to ₦865 per litre.
The new price is a reduction of N15.
An official of the refinery confirmed the development on Thursday in a statement to newsmen, stating that marketers and distributors had already been informed of the new price.
Recall that on Wednesday, the Federal Executive Council, after an initial delay, directed the full
implementation of the suspended Naira-for-Crude agreement with local refiners.
This adjustment comes amid ongoing concerns over high fuel costs and its impact on inflation and transportation across the country.