By our Reporter
The Dangote Refinery has announced an upward review in the price of Premium Motor Spirit (PMS) from the refinery.
The new price, effective today, at 5:30 pm, will impact marketers’ lifting volumes of PMS, with new prices reflecting significant increases compared to previous rates.
Based on volume, marketers who were buying from the refinery at quantities ranging from 2 million to 4.99 million litres will now pay N955 per litre as against N899.50.
For those who are going for five million litres and above, the price has increased from N895 to N950 per litre.
A copy of an email sent to customers from the refinery noted that all stock balances not yet lifted by the stipulated time would be repriced at the updated rates.
The email reads: “Kindly be advised that effective from 5:30 PM today, an upward adjustment has been implemented on the gantry price of Premium Motor Spirit (PMS), as detailed in the table below.
