The Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N1,275 to N1,250 per litre.
The latest adjustment represents a reduction of N25 per litre and comes amid a sustained decline in crude oil prices in the international market.
The move is expected to provide some relief to marketers and could eventually influence pump prices across parts of the country if the reduction is passed on to consumers.Tap To Read Complete, Details. .
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