Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS), popularly known as Petrol for marketers.

In a statement on Sunday, the Group Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, said the price was slashed from N990/litre to N970/litre “to appreciate the good people of Nigeria”.

Chiejina’s statement partly reads, “As the year comes to an end, this is our way of appreciating the good people of Nigeria for their unwavering support in making the Refinery a dream come true.

“In addition, this is to thank the government for their support, as this will complement the measures put in place to encourage domestic enterprise for our collective well-being.”

He added, “While the refinery would not compromise on the quality of its petroleum products, we assure you of the best quality products that are environmentally friendly and sustainable.

“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption; thus, dispelling any fear of a shortfall in supply.”