By Our Reporter
Dangote Refinery has increased the retail price of Premium Motor Spirit (PMS), otherwise known as petrol, nationwide by N100 per litre, bringing the latest price from N739 to N839 per liter.
The company disclosed this on Monday in a statement made available to newsmen, saying that its gantry price for petrol is now N799 per litre, while the retail price is N839 per litre, being an increase from the N699 and N739 per litre rates held since December last year.
"Under the current alignment, the PMS gantry price is N799 per litre, while MRS retail outlets are selling at N839 per litre," the company stated.
The Chief Executive Officer (CEO) of Dangote Petroleum Refinery, David Bird, said the refinery had continued to supply the domestic market with approximately 50 million litres of PMS daily, with nationwide evacuation and distribution operating normally.
Findings showed that as of Monday night, retail filling stations, including the Nigerian National Petroleum Company Limited (NNPC) were still dispensing petrol at between N739 and N830 per litre.
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