Dangote Petroleum Refinery has launched a free petrol delivery programme aimed at reducing logistics costs for bulk buyers across parts of Nigeria, while keeping its Premium Motor Spirit (PMS) ex-depot price at N1,075 per litre.
The initiative, announced by the refinery on Wednesday through a statement shared on its official X handle, covers six locations, including Lagos, Ogun, Rivers, Kaduna, Delta states and the Federal Capital Territory, Abuja.
Under the arrangement, customers purchasing a minimum volume of 250,000 litres of petrol will benefit from free transportation of the product from the refinery to their designated locations.
The refinery said the move was introduced as part of efforts to support the downstream petroleum sector and improve access to petrol at more competitive costs.
The development comes days after the refinery held discussions with key stakeholders in Nigeria’s petroleum downstream industry over the need for cost-reflective pricing and possible ways to further reduce the price burden on consumers.
Following the meeting, industry operators expressed support for additional price reductions, as market players continue to adjust to changes in petrol supply and distribution costs.
Dangote Refinery had earlier announced its fourth reduction in the gantry price of petrol, lowering the rate to N1,075 per litre. The adjustment was seen as part of ongoing efforts to influence pricing trends in the domestic fuel market.
Speaking on recent movements in petrol prices, the President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, said Nigerians had witnessed a decline in pump prices in recent weeks.
Maigandi stated, “The retail price of petrol has fallen by N125 per litre over the past three weeks,” adding that current pump prices now range between N1,155 and N1,299 per litre, depending on location and the marketer involved.
The latest initiative by Dangote Refinery is expected to provide some relief for petroleum marketers who purchase large volumes of products, while potentially contributing to further reductions in fuel prices across affected areas.