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Home Business Energy | Oil & Gas

Dangote Refinery Denies PMS Pump Price Increase

by Newscoven
April 8, 2026
in Energy | Oil & Gas
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Dangote Petroleum Refinery & Petrochemicals has affirmed stability of pump price of Premium Motor Spirit (PMS), declaring that there is no increase in the pump price of the product.

It debunked the insinuation of increment, and stated that the pump price of PMS, otherwise known as petrol, remained unchanged, amid concerns over potential volatility in the downstream market.

A source at the company confirmed that its pricing structure remains intact, with the gantry price at ₦1,200 per litre and the coastal price at ₦1,153 per litre.

“We are maintaining our existing pump price and have not implemented any new pricing for our customers,” the source stated on Wednesday.

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The source added that Dangote Refinery remained focused on ensuring the steady availability of refined petroleum products across Nigeria and the wider African market.

The position of Dangote Refinery on product availability, the source added, had also reinforced its role in supporting supply stability.

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