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Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsDangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre (13256 Views)

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Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by treesun(op): 8:49am On May 12, 2025
Dangote Petroleum Refinery has slashed the gantry price Premium Motor Spirit, PMS, also known as petrol to ₦825 per litre from N835 per litre as competition continues in the domestic market.



Last month, the 650,000 barrels per day refinery reduced the gantry price of petrol to N835 per litre from N865 per litre.

Checks by Vanguard indicated that the latest adjustment is targeted at giving customers more value as well as consolidate its leadership position in the domestic market.
https://www.vanguardngr.com/2025/05/breaking-dangote-refinery-slashes-petrol-gantry-price-to-n825-per-litre/

Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by Commentor: 8:50am On May 12, 2025
grin

Some people would criticise Dangote for dropping the price.
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by CodeTemplarr: 8:50am On May 12, 2025
NNPCL with four refineries is nowhere to be found.
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by Amayanabo01: 9:42am On May 12, 2025
CodeTemplarr:
NNPCL with four refineries is nowhere to be found.
and they have managers.
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by DeLaRue: 9:51am On May 12, 2025
Given that the price of crude oil has been averaging around $65 or less per barrel for nearly a month, I would have expected petrol price to fall significantly more than it has done.

If petrol price can't go to around N750 when crude oil price has fallen so much, that's a bad sign.

It means petrol price in this country will probably not fall to N700 for several years to come.
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by kokoA(m): 9:55am On May 12, 2025
Amayanabo01:
and they have managers.
with 80 billion naira account balance.
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by yarimo(m): 9:56am On May 12, 2025
This is very commendable from dangote, meanwhile the bitter ones will soon invade this thread with unpatriotic comment grin
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by TheDemola: 10:06am On May 12, 2025
Let the slashing continue
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by free2ryhme: 10:06am On May 12, 2025
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by givedemwotowoto: 10:06am On May 12, 2025
huh
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by Holluwhakemmy(f): 10:07am On May 12, 2025
Thanks Dangote
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by Stayingalive: 10:08am On May 12, 2025
yarimo:
This is very commendable from dangote, meanwhile the bitter ones will soon invade this thread with unpatriotic comment grin
Dangote is a private entity. Speaking for or against it isn’t patriotism in the practical sense.
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by Klington: 10:08am On May 12, 2025
tongue

The way these propagandists misuse the words Slashes/Crashes each time ordinary #5 or #10 is removed from fuel, you will think the price has come down to #180.
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by MaziObinnaokija: 10:09am On May 12, 2025
sad slash today,hike tomorrow. Their headache
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by yarimo(m): 10:09am On May 12, 2025
Stayingalive:
Dangote is a private entity. Speaking for or against it isn’t patriotism in the practical sense.
Busy body grin
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by phemmie06(m):
You can still do better but some people will be angry

Dangote thanks
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by Stayingalive: 10:10am On May 12, 2025
yarimo:
Busy body grin
una go just wake up dey type nonsense. Cherry picking thread to pass stupid agenda
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by bassdow: 10:10am On May 12, 2025
DeLaRue:
Given that the price of crude oil has been averaging around $65 or less per barrel for nearly a month, I would have expected petrol price to fall significantly more than it has done.

If petrol price can't go to around N750 when crude oil price has fallen so much, that's a bad sign.

It means petrol price in this country will probably not fall to N700 for several years to come.
Cost of doing Business in Nigeria no be MoiMoi Ooo. Do you know how many palms needs to be oiled ?
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by Menclothing1: 10:11am On May 12, 2025
The reason why I love this is that when Buhari sold imported petrol for 400 the 1 lit can’t do what dangote 900 is doing
The colour less petrol makes engine operation better and oil is lasting
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by yarimo(m): 10:11am On May 12, 2025
Stayingalive:
una go just wake up dey type nonsense. Cherry picking thread to pass stupid agenda
ok
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by inoki247:
Lol all this 5 naira Slash no be am...


Mak una slash beta nd stop the whynin...



In all this drop driver av even refused to drop one Kobo in price of fare...
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by carzeem1: 10:13am On May 12, 2025
Fvck off! All the 5 10 Naira fluctuations is inconsequential. Prices of good wont change.
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by inoki247:
bassdow:
Cost of doing Business in Nigeria no be MoiMoi Ooo. Do you know how many palms needs to be oiled ?
Lol una don come with capping...


Someone who enjoy Dollar at good rate....



Alot of business in this country didn't get Dollar at the rate Dangote was getting it when he was building the refinery.....

Even we the citizens den our bank card no qualify for ordinary $50 for us to pay for something online..

So which oil dey rub hand capping una wan start again...


You can blame the present exchange rate that's still understandable buh saying running business in the country nd dey rub hand capping no go....
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by Gbadugbakun(m): 10:16am On May 12, 2025
.
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by carzeem1: 10:16am On May 12, 2025
inoki247:
Lol una don come with capping...


Someone who enjoy Dollar at good rate....



Alot of business in this country didn't get Dollar at the rate Dangote was getting it when he was building the refinery.....


So which oil dey run hand capping una wan start again...
Emiefile starved the economy of dollars to make sure Dangote supply wasn't affected at federal government subsided rate
Refinery complete, Baba says he is only selling a prevailing international market rate.

No agreement was signed with him when he was using our commonwealth to build his own empire
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by MrDoGood(m): 10:17am On May 12, 2025
Monopoly
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by Originalsly: 10:20am On May 12, 2025
DeLaRue:
Given that the price of crude oil has been averaging around $65 or less per barrel for nearly a month, I would have expected petrol price to fall significantly more than it has done.

If petrol price can't go to around N750 when crude oil price has fallen so much, that's a bad sign.

It means petrol price in this country will probably not fall to N700 for several years to come.
How much were you expecting it to drop to? ....and why? Crude price dropped and he dropped the price ... you're not contented ...he should've dropped it a lot more. How about the price of transport fares?... did they even drop?...or dropped to your expectation?

Dangote .... *monopoly " ... I'm not seeing this word following his name again.
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by AZControversial: 10:22am On May 12, 2025
undecided

This 'slash' word has really suffered..... For just N10....
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by BucketHat(m): 10:25am On May 12, 2025
Story!!!!!!!!!!

Before i give five stars about PMS enh,nah until I see seh the pump price don come down to at least 100 naira per litre.

Any other talk nah nonsense because the hardship too deh terrible oh.
Re: Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre by tollyboy5(m): 10:25am On May 12, 2025
DeLaRue:
Given that the price of crude oil has been averaging around $65 or less per barrel for nearly a month, I would have expected petrol price to fall significantly more than it has done.

If petrol price can't go to around N750 when crude oil price has fallen so much, that's a bad sign.

It means petrol price in this country will probably not fall to N700 for several years to come.
NNPC that should be competing with Dangote are deceiving themselves.
Dangote is reducing price due to import. Had it been there's no importation then we're doomed.
If heads do not roll in NNPC for accountability of our non working refinery despite the huge amount of money spent. Then this government is not what we needed
1 2 3 Reply

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