The company says it will maintain current PMS pricing to support stability and reduce inflation risks.
Dangote Petroleum Refinery and Petrochemicals Limited has confirmed that its ex-depot price for Premium Motor Spirit remains unchanged.
The company disclosed this in an official statement on May 6, addressing concerns about possible fuel price adjustments.
It said the decision reflects a commitment to stability in Nigeria’s domestic energy market. As a result, marketers and consumers will continue to buy at the current rate.
The refinery explained that it absorbs rising operational costs to keep prices steady. Therefore, it helps reduce inflation pressure and supports energy affordability.
In addition, the company noted that stable pricing ensures consistent fuel supply despite global uncertainties. This approach aims to protect the wider economy from external shocks.
The refinery also reaffirmed its focus on delivering high-quality petroleum products across Nigeria. Moreover, it said the move aligns with national goals on energy security and price stability.
However, the company urged the public to rely only on verified updates from official channels. It warned against misinformation regarding fuel pricing and operations.
Industry observers say the decision could influence downstream pricing trends in the coming weeks. Meanwhile, market participants continue to monitor supply and distribution patterns.
The announcement comes at a time when Nigerians face ongoing concerns about fuel costs and economic pressure. Consequently, price stability remains a key issue for households and businesses.
