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The Dangote Petroleum Refinery has lowered the ex-depot price of Premium Motor Spirit (PMS), also called petrol, from ₦950 to ₦890. On Saturday, the company announced that the price reduction will begin on Saturday, February 1, 2025. “This strategic adjustment is a direct response to the positive outlook within the global energy and gas markets, as well as the recent reduction in international crude oil prices,” Ripple Effect: Anthony Chiejina, spokesperson Dangote Refinery, said that this price revision reflects the ...
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