The refinery communicated the price adjustment to marketers on Tuesday, as it also announced plans for a new business investment in Burundi. The refinery stated that the new PMS price takes immediate effect. The commencement of large-scale domestic supply from the Dangote refinery late in the year helped moderate prices, particularly along coastal and southern supply corridors. In a separate development, the President of the Dangote Group, Aliko Dangote, is planning a new business investment in Burundi. Together, the PMS price reduction and the Burundi investment initiative illustrate Dangote’s dual focus: consolidating domestic market influence while actively pursuing strategic continental growth opportunities.

Source: Punch February 11, 2026 14:20 UTC