Dangote Petroleum Refinery & Petrochemicals has stated that the price of Premium Motor Spirit (PMS) remains unchanged, amid concerns over potential volatility in the downstream market.
A source at the company confirmed that its pricing structure remains intact, with the gantry price at N1,200 per litre and the coastal price at N1,153 per litre.
“We are maintaining our existing price and have not implemented any new pricing for our customers,” the source said.
The source added that the refinery remains focused on ensuring the steady availability of refined petroleum products across Nigeria and the wider African market, reinforcing its role in supporting supply stability.
In another development, speaking during a visit to the company’s industrial complex in Ibeju-Lekki, Lagos, Mohammed said the United Nations would prioritise amplifying scalable solutions capable of mitigating the continent’s food crisis, describing Dangote’s integrated industrial model as a critical pathway.
“I think the UN’s job here is to amplify and to put visibility on the possibilities of mitigating a food security crisis, and this is one of them,” she said. “I hope that when we go back, we can continue to engage partners and countries that should collaborate with Dangote Industries.”
Her remarks come at a time of heightened concern over food shortages and supply chain disruptions across Africa, driven by global economic pressures, climate-related shocks and geopolitical tensions, particularly in the Middle East.
President/Chief Executive of Dangote Industries Limited, Aliko Dangote, said the group has ramped up exports of urea and Premium Motor Spirit (PMS) to African markets affected by supply disruptions arising from the crisis.
Noting the widening impact of the situation across the continent, Dangote said the company has intensified shipments of fertiliser to support agricultural productivity and ease supply constraints.
