{"id":80155,"date":"2025-12-13T05:40:40","date_gmt":"2025-12-13T05:40:40","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=80155"},"modified":"2025-12-13T05:40:40","modified_gmt":"2025-12-13T05:40:40","slug":"dangote-refinery-cuts-petrol-price-to-%e2%82%a6699-per-litre","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/12\/13\/dangote-refinery-cuts-petrol-price-to-%e2%82%a6699-per-litre\/","title":{"rendered":"Dangote Refinery Cuts Petrol Price to \u20a6699 Per Litre"},"content":{"rendered":"<p><strong>By Patrick Idowu<\/strong><\/p>\n<p>The Dangote Petroleum Refinery has again reduced the ex-depot price of petrol, slashing the gantry rate from \u20a6828 to \u20a6699 per litre.<\/p>\n<p>Market data published on petroleumprice.ng on Friday showed the refinery cut the Premium Motor Spirit (PMS) benchmark by \u20a6129 per litre, representing a 15.6 per cent reduction. The new price took effect on December 11, 2025.<\/p>\n<p>A refinery official, who spoke on condition of anonymity, confirmed the adjustment, describing it as part of ongoing efforts to stabilise domestic fuel prices.<\/p>\n<p>The latest cut marks the 20th petrol price adjustment by the refinery this year and comes days after its Chairman, Aliko Dangote, pledged to keep fuel prices \u201creasonable and competitive\u201d despite global market volatility and cross-border smuggling.<\/p>\n<p>Dangote, who spoke after a meeting with President Bola Tinubu on December 6, said prices would continue to fall as local output increases and competition with imports intensifies.<\/p>\n<p>\u201cPrices are going down because we must compete with imports. Smuggling has reduced, though not completely, because fuel prices in Nigeria are about 55 per cent lower than in neighbouring countries,\u201d he said.<\/p>\n<p>Following the review, petroleumprice.ng also reported slight price cuts by several private depots, including Sigmund Depot, TechnoOil, Bulk Strategic, A.A. Rano, NIPCO and Aiteo, as the market adjusted to the new pricing template.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Patrick Idowu The Dangote Petroleum Refinery has again reduced the ex-depot price of petrol, slashing the gantry rate from \u20a6828 to \u20a6699 per litre. Market data published on petroleumprice.ng on Friday showed the refinery cut the Premium Motor Spirit (PMS) benchmark by \u20a6129 per litre, representing a 15.6 per cent reduction. The new price [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":80156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1756,172],"tags":[],"class_list":["post-80155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/80155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=80155"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/80155\/revisions"}],"predecessor-version":[{"id":80157,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/80155\/revisions\/80157"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/80156"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=80155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=80155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=80155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}