By Opeyemi Adelakun
Dangote Petroleum Refinery has announced another reduction in the ex-depot prices of Premium Motor Spirit (PMS), commonly known as petrol, and Automotive Gas Oil (AGO), also known as diesel.
Under the latest price review, the refinery reduced the ex-depot price of petrol by ₦50, bringing it down from ₦1,215 to ₦1,165 per litre.
The refinery also cut the price of diesel by ₦80 per litre, lowering it from ₦1,650 to ₦1,570.
A source familiar with the development confirmed the new pricing on Wednesday, saying the revised rates have already taken effect.
More details to come..
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