Dangote slashes petrol price by N25 per litre
Dangote Petroleum Refinery has slashed its gantry price of Premium Motor Spirit (PMS) or petrol by N25 per litre, lowering its ex-depot/gantry rate from N799 to N774 per litre. The
Dangote Petroleum Refinery has slashed its gantry price of Premium Motor Spirit (PMS) or petrol by N25 per litre, lowering its ex-depot/gantry rate from N799 to N774 per litre.
The price adjustment was communicated to marketers last night, confirming that the new rate takes immediate effect nationwide.
“This is to notify you of a change in our PMS gantry price from N799 per litre to N774 per litre,” noted the refinery.
A statement by the refinery said the adjustment strengthens the competitiveness of locally refined products, as the current landing price of imported PMS from Lome stands at about N793 per litre, compared to Dangote Refinery’s ex depot price of N774 per litre.
Businessman Aliko Dangote is exploring new investment opportunities in Burundi . He visited Burudian President Evariste Ndavishimye at the Presidential palace.
It was part of his plans to expand the Dangote Group’s presence across the continent.
Accompanied by former President Olusegun Obasanjo, Dangote described the mission as both diplomatic and economic in scope.
He said that two dedicated technical teams—one representing Burundi and the other the Dangote Group—have been constituted to identify priority sectors and develop viable investment projects.
Read Also: Dangote, NNPCL seal gas supply deal
“Our focus really is investing heavily in the African continent, not anywhere else, so Burundi is part and parcel of that African region,” Dangote stated after the meeting. He pointed to strong potential in solid minerals, power generation, agriculture, cement production and infrastructure development, emphasising that the goal is to build a mutually beneficial partnership that drives shared prosperity.
According to official sources, discussions centered on strategic cooperation in infrastructure, logistics, industrialisation, and energy—areas the Burundian government considers essential to its long-term economic transformation. The engagement aligns with Burundi’s broader ambition to attract large-scale private sector investment and strengthen ties with leading African industrial players.
Observers widely view the engagement as a landmark moment—one that positions Burundi as a credible destination for African mega investors and integrates the country more firmly into Dangote’s continental expansion strategy.
