The price review reflects Dangote Refinery’s ongoing efforts to enhance energy affordability, improve access to refined petroleum products.
The federal government has directed petroleum marketers to immediately reflect the recent decline in global oil prices by reducing the pump prices of petroleum products.
Nigerians also consumed 17.13 million litres of diesel daily in October 2025.
Mr Bashir said the confiscated items included 36,835 litres of Premium Motor Spirit (PMS), hidden in 1,219 jerry cans and 24 drums of various sizes.
Mr Ahmed said the county’s PMS daily importation had dropped from 44.6 million litres in August 2024 to 14.7 million litres as of April 13.
The revenue growth was driven by higher petroleum product prices throughout most of 2024, despite a reported decline in sales volumes.
Mr Soneye explained that the NNPCL refrained from issuing press statements to announce any slight change in pricing.
Nigeria is to harness its oil reserves and pursue its plans to increase oil output to fill the ”yawning gap” in Africa.
Mr Garima appealed to IPMAN members to support the Dangote Refinery to strengthen economic growth.
“Both organisations claim that they can import PMS at lower prices than what is being sold by the Dangote Refinery,” the statement said.
