The Dangote Petroleum Refinery has announced a substantial reduction in the official loading price (gantry price) for its Premium Motor Spirit (PMS), commonly known as petrol. Effective December 11, 2025, the price per liter of PMS has been lowered by approximately 16%, moving from ₦828 to ₦699.
This latest adjustment marks roughly the twentieth price revision undertaken by the refinery this year, indicating a proactive and competitive pricing strategy, particularly as the busy Christmas and New Year travel season approaches across Nigeria.
Easing Festive Travel Costs
An internal source at the 650,000-barrel-per-day facility, who chose to remain anonymous, confirmed that the price cut is intentionally timed to alleviate transportation expenses during the holidays. Millions of Nigerians typically travel long distances to be with their families, and the refinery aims to support these movements.
“This is fundamentally a gesture to ensure that Nigerians can enjoy the Christmas and New Year period,” the source explained. “Our goal is to facilitate travel for citizens nationwide at the lowest possible expense.”
Market Impact and Logistics
Industry analysts note that this reduction functions as both an economic relief measure and a social contribution by the refinery. With Dangote expanding its distribution network nationally, independent petroleum marketers are increasingly able to negotiate directly. This streamlined process allows for quicker price changes and deeper market saturation.
With a massive increase in interstate travel expected during the festive season, the new gantry price is anticipated to translate into significantly lower retail pump prices in various parts of the country. This impact is expected to be most noticeable in regions like the North and Southeast, where logistical expenses traditionally cause fuel prices to surge during holiday periods.
