• About
  • Advertise
  • Our Privacy Policy
  • Contact
Monday, March 23, 2026
No Result
View All Result
  • Login
  • Register
MetrowatchXtra
  • WORLD
  • BUSINESS
  • POLITICS
  • HEALTH
  • SPORTS
  • OP-ED
  • ENTERTAINMENT
  • WORLD
  • BUSINESS
  • POLITICS
  • HEALTH
  • SPORTS
  • OP-ED
  • ENTERTAINMENT
No Result
View All Result
MetrowatchXtra
No Result
View All Result
Home Latest News

Dangote Refinery Reaffirms Market Stability, Assures Nationwide PMS Supply

During the recent festive period, the Refinery implemented a deliberate and temporary price support intervention to cushion Nigerians at a time of heightened household spending

Kemi Sheriepha by Kemi Sheriepha
January 27, 2026
0 0
0

Dangote Petroleum Refinery & Petrochemicals reaffirms its commitment to market stability and uninterrupted nationwide supply of Premium Motor Spirit (PMS).

During the recent festive period, the Refinery implemented a deliberate and temporary price support intervention to cushion Nigerians at a time of heightened household spending.

This marked the second consecutive festive season in which the Refinery absorbed significant costs in the national interest, including logistics support in 2024 and a price reduction in 2025 to promote affordability and market calm.

Despite the price reduction, many filling stations failed to reflect the new price at the pump, thereby denying Nigerians the benefits of the reduction.

With the festive period concluded, PMS prices have been modestly realigned to sustainable levels to support long term market stability and affordability. Under the current alignment, the PMS gantry price is N799 per litre, while MRS retail outlets are selling at N839 per litre.

READ ALSO  Tinubu's Victory Fraudulent, NNPP Says -- explains why Kwankwaso didn’t congratulate Asiwaju

The Chief Executive Officer of Dangote Petroleum Refinery, David Bird, stated that the Refinery continues to supply the domestic market with approximately 50 million litres of PMS daily, with nationwide evacuation and distribution operating normally.

He noted that the Refinery’s design flexibility allows it to process a wide range of crude and intermediate feedstocks, enabling continued PMS supply during planned maintenance activities. According to him, this capability ensures that domestic supply remains stable and uninterrupted.

As a domestic producer, Dangote Petroleum Refinery continues to shield the Nigerian market from import related volatility and external supply disruptions, while remaining a stabilising force in the downstream petroleum sector.

READ ALSO  VP Shettima Woos Swedish Investors to Nigeria's Growing Business Climate

Dangote Petroleum Refinery remains focused on delivering energy security, price stability, and long-term value for Nigerians.

 

Metrowatchxtra

Tags: Dangote Refinery
Kemi Sheriepha

Kemi Sheriepha

RELATED POST

Dangote Refinery-Backed MRS Filling Station Increases Fuel Pump Price
Latest News

Dangote Refinery-Backed MRS Filling Station Increases Fuel Pump Price

by Kemi Sheriepha
March 17, 2026
0

The MRS filling station, supported by Dangote Refinery, has raised its petrol pump price nationwide following last Friday’s increase in...

Read moreDetails
NNPCL Reduces Fuel Price to N910 Per Litre

NNPCL Reduces Fuel Price By N95 after Dangote Refinery’s Cut

March 12, 2026
Nigerians Can’t Get Cheaper Fuel Amid Crude Price Drop, Refiners Give Reason 

Marketers Say Petrol Would Sell at N1,500 Without Dangote Refinery

March 11, 2026
Fuel Price: Nigerian Govt Schedules Meeting Over Naira-For-Crude Deal With Dangote Refinery

Again, Dangote Refinery Increases Petrol Price to N1,175

March 9, 2026
JUST IN: NNPCL, Other Nigerian Filling Stations Increase Fuel Price

JUST IN: NNPCL, Other Nigerian Filling Stations Increase Fuel Price

March 3, 2026
Nigerians Can’t Get Cheaper Fuel Amid Crude Price Drop, Refiners Give Reason 

Iran-US-Israel War: Nationwide Petrol Price Hike to Hit Nigerians

March 3, 2026
Load More

APO

Recent Posts

  • Baruwa Faction Takes over NURTW National Secretariat, Sacks MC Oluomo
  • ICPC to Arraign Nasir El-Rufai at Federal High Court Kaduna
  • Panic as Explosion Rocks Woro Community in Kwara
  • NYSC LG Inspector Arraigned Over Alleged Abortion Attempt, Corps Member’s De@th
  • Commotion as IED Blast K!lls Eight in Niger State

Recommended

Nigerian Senate: Natasha Akpoti Sues Akpabio for Defamation

Suspension: Natasha Files Contempt Charge Against Akpabio, Others

1 year ago
Floods: Ancelotti Says Competitions Should Have Been Suspended in Spain

Floods: Ancelotti Says Competitions Should Have Been Suspended in Spain

1 year ago
MetrowatchXtra

MetrowatchXtra is an online daily newspaper poised to act as a catalyst in our debate and desire for well-governed Nigeria and provide the much-needed platform for all, irrespective of social, religious or political divide, to express their views.
Metrowatchxtra Nigeria

  • About
  • Advertise
  • Our Privacy Policy
  • Contact

© 2026 Metrowatchxtra Nigeria Published by Miraculous Media Connect Limited. All rights reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Politics
  • World
  • Business
  • Science
  • Entertainment
  • Sports
  • Tech
  • Health

© 2026 Metrowatchxtra Nigeria Published by Miraculous Media Connect Limited. All rights reserved