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Dangote Refinery Reduces Petrol Price

Dangote Petroleum Refinery and Petrochemicals has lowered its petrol prices, setting the gantry price at N1,200 per litre and the coastal price at N1,153 per litre.

The company disclosed this in a statement by its spokesperson Anthony Chijiena on Thursday.

The 650,000 per day refinery dropped its petrol by N85 to N1,200 per liter from N1,285 per liter.

The latest fuel price drop comes after at least five petrol price hikes carried out by the Dangote Refinery since March 2026 amid ongoing tensions in the Middle East.

The adjustment marks a downward review in the refinery’s pricing structure and is expected to influence fuel supply costs across distribution channels, including depots and retail outlets.

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Nigerian Depot Owners Reduce Fuel Prices Lower Than Dangote Petrol

On Wednesday, Nigerian petroleum depot owners cut their ex-depot petrol price per litre to a level below that of fuel sold at Dangote Refinery’s gantry.

Checks by Daily Post showed that AA Rano, Sahara, Soroman, Bovas, and Alkanes have all dropped their ex-depot petrol price to N1,270 per liter from between N1,285 and N1,290 per liter.

The latest ex-depot depot’s petrol price is N5 lower than Dangote Refinery’s gantry, which stood at N1,275.

The drop comes as global crude oil prices, such as Brent and West Texas Intermediate, fell to below $100 per barrel on Tuesday on the back of the president of the United States’ peace proposal with Iran.

With the falling crude oil prices, Dangote Refinery is under pressure to slash its gantry below N1,275 per liter.

Meanwhile, retail petrol prices stood at N1,361 and N1,380 per liter in Abuja as of the time of filing this report.

Price adjustments in gantry or ex-depot petrol directly impact retail prices.

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NNPCL Filling Stations Increase Fuel Prices After Dangote Refinery’s Hike

Nigerian National Petroleum Company Limited retail outlets have raised their fuel pump prices to over one dollar per liter.

This is coming after Dangote Refinery’s fourth price hike last week.

According to Daily Post, checks on Monday showed that NNPCL filling stations in Abuja and environs hiked their petrol price at the weekend to N1,367 per liter, up from N1,261.

This means that NNPCL retail outlets increased their petrol price by N106 per liter, making domestic pump prices to surge above $1, with N1,353.90 per dollar at the official foreign exchange market, according to the Central Bank of Nigeria’s data.

Dangote Refinery had hiked its price from N70 to N1,245 per liter on Friday on the grounds of rising crude oil prices, which skyrocketed to above $110 per barrel.

The refinery’s price hike had resulted in a nationwide retail fuel price hike.

Earlier, it was reported that the Dangote Refinery-backed MRS and other filling stations raised their petrol pump prices to N1,367 and N1,440 per liter.

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NNPCL Reduces Fuel Price By N95 After Dangote Refinery’s Cut

The Nigerian National Petroleum Company Limited (NNPCL) has lowered its petrol price after the Dangote Refinery announced a reduction in its gantry price.

NNPCL filling stations in Abuja and environs lowered their fuel pump price to N1,165 per liter on Wednesday, down from N1,260 per liter on Tuesday.

This represents a reduction of N95 per liter by the state-owned oil firm.

The adjusted pump price has been implemented at NNPCL filling station outlets in Jabi, Lifecamp, Wuse Zone 5, and Zone 4, as of filing this report, while Automotive Gas Oil (diesel) is sold at N1,535 per liter.

Similarly, other filling stations such as NIPCO, AP, and AA Rano now sell PMS at N1,195, N1,200, and N1,223 per liter, respectively.

A manager at MRS filling station, who preferred to remain anonymous, said the retail outlet would adjust its petrol price by N100 to N1,167 per liter from Thursday.

“We will reduce our petrol price to N1,167 per liter from Thursday,”
he told Daily Post on Wednesday.

Earlier, It was reported that Nigerian filling stations had slashed fuel prices by N20 per liter after Dangote Refinery lowered its gantry price to N1,075 amid a drop in crude oil prices.

As of filing this report, Brent and West Texas Intermediate crude stood at $91.76 and $86.86 per barrel, respectively.

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BREAKING: Dangote Refinery Increases Fuel Price Nationwide By N100 Per Liter

Dangote Refinery has announced a nationwide increase of ₦100 per litre in the retail price of Premium Motor Spirit (petrol).

The company disclosed this in a statement on Monday.

According to the $20 billion refinery plant, its gantry price of petrol is now sold at N799 per liter, while the retail price is N839 per liter, up from N699 and N739 per liter sold since December last year.

“Under the current alignment, the PMS gantry price is N799 per liter, while MRS retail outlets are selling at N839 per liter,” the company stated.

The Chief Executive Officer of Dangote Petroleum Refinery, David Bird, stated that the refinery continues to supply the domestic market with approximately 50 million liters of PMS daily, with nationwide evacuation and distribution operating normally.

Recall that Dangote Refinery resorted to gasoline imports to boost its capacity amid its Residual Fluid Catalytic Cracker, RFCC, downtime, according to Kpler.

As of Monday night, retail filling stations, including Nigerian National Petroleum Company Limited, dispense petrol between N805 and N830 per liter.

However, Dangote’s fuel price hike may trigger a petrol price hike across the country’s downstream sector.

Recall that Aliko Dangote, the president of the refinery, had in December last year said that its N739 per liter retail fuel price would persist nationwide to edge out importers.

In the briefing with journalists, precisely on Sunday, 14th December, Dangote said, “We don’t want people to sell petrol for more than N740 nationwide.”

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BREAKING: NNPCL Reduces Fuel Price By N80

The Nigerian National Petroleum Company Limited (NNPCL) has lowered its petrol price for the third time in December 2025.

According to Daily Post, after a survey of filling stations in Abuja, it was observed on Thursday that NNPCL has reduced the petrol price to N835 per liter, down from N915.

This means that the state-owned oil firm adjusted its fuel price by N80.

The development comes as MRS, BOVAS, and AA Rano earlier reviewed their fuel pump price to between N739 and N865 per liter in the nation’s capital.

NNPCL and other filling stations’ price cuts come after Dangote Refinery and depot owners slashed their ex-depot price to between N699 and N800.

Recall NNPCL; other filling stations reduced fuel on December 4 and 10, 2025, respectively.

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Private Marketers Join NNPC to Increase Fuel Price to N955 Per Litre

Private marketers have increased the price of petrol from N905 per litre to N955.
This is coming just days after the the Nigerian National Petroleum Company Limited (NNPC) first increased its price for petrol.
This hike coincides with a severe jump in the price of cooking gas (LPG), creating a double edged sword of financial hardship for households.
The price of cooking gas has soared from N1,000 per kilogram (kg) about two weeks ago to N3,000 this week. Consequently, a 12.5kg cylinder refill that previously cost N12,500 now sells for N37,500 in Abuja, Lagos, and other parts of the country.
NNPC retail outlets adjusted their pump price to N955 per litre on Monday in areas of Abuja, including Gwarimpa, Kubwa Expressway, and Wuse Zones 4 and 6.
The National President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PPROOAN), Billy Gillis-Harry, also confirmed the hike.
Other filling stations in Abuja, such as Ranoil, AA Rano, and Mobil, raised their pump prices to between N920 and N930 per litre. Just last Saturday, MRS filling stations were reportedly dispensing petrol at N851 per litre in parts of the city.
Chinedu Ukadike, Public Relations Officer for the Independent Petroleum Marketers Association of Nigeria (IPMAN), attributed the price increase to supply and logistics challenges faced by major marketers, including NNPC and Dangote Refinery.
Ukadike explained that Dangote Refinery increased its loading price to N845 per litre, up from N825, which led to a retail selling price of between N900 and N955, depending on the location.
The IPMAN spokesperson noted that the limited supply at Dangote is insufficient for marketers, and the supply from NNPCL is restricted only to its own retail outlets. He revealed that many IPMAN members who paid for products from Dangote have yet to load after two weeks.
Ukadike said, “I will say that when people are scrambling for products, it results to hike in price. Some marketers, who paid to buy about three million litres from Dangote, were only given one million litres, as they complained of products being rationed, amongst marketers.”
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NNPCL Increases Fuel Price

The Nigerian National Petroleum Company Limited has announced a new increase in the price of petrol.

This is as NNPCL retail outlets in Wuse Zone 6 and Zone 4 have now increased their petrol pump price to N905 per litre, up from N890.

This means that the country’s oil behemoth adjusted its fuel pump by N15, or a 1.7 per cent upward increase.
The president of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, attributed the hike to supply disruption caused by the Petroleum and Natural Gas Senior Staff Association of Nigeria and the Dangote Refinery feud.
He, however, stated that its members dispense petrol between N885 and N895 per litre.
 
“It is due to PENGASSAN’s strike disruption.However, members still sell at N885 and N895 per litre,” he told DAILY POST.
Recall that PENGASSAN’s feud with Dangote Refinery over the mass sacking of Nigerian workers led to a two-day strike action.
However, the federal government intervened, which resulted in the suspension of the strike action.
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Dangote Refinery: Consumer Forum Says PENGASSAN Plotting To Sabotage Energy Independence

Amid plans by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to shut down Dangote Refinery, the Concerned Nigerian Consumers Forum has urged the Federal Government and the Department of State Services (DSS) to investigate what it described as a union plot to sabotage the nation’s energy independence.

The Forum, while expressing alarm over PENGASSAN’s threat to picket the $20 billion refinery over recent mass sacking of workers, described Dangote Petroleum Refinery as a critical national asset aimed at achieving Nigeria’s energy independence.

In a statement signed by Comrade Olabisi Taiwo, President, and Dr. Justice Akani Alikor, Secretary, the Forum accused PENGASSAN of plotting to return Nigerians to the agonies of fuel scarcity, with attendant economic instability and national embarrassment.

Urging Nigerians to question PENGASSAN’s motives, the Forum said, “PENGASSAN, alongside NUPENG, played a significant role in the collapse of Nigeria’s public refineries in Port Harcourt, Warri, and Kaduna.

“They resisted reforms, blocked privatization, and crippled fuel supply with strikes. Their actions contributed to the rot that turned these refineries into relics of corruption and mismanagement.”

According to the Forum, Dangote Refinery is a private initiative designed to end Nigeria’s reliance on imported fuel while stabilizing prices and creating jobs.

It further noted that the refinery, which employs over 3,000 Nigerians and continues to recruit, is not anti-labor but focused on operational efficiency and safety.

The Forum criticized PENGASSAN’s threat to picket the refinery despite a court order restraining industrial action, describing its actions as “union overreach” and a violation of the rule of law.

“Who benefits if the refinery fails? Certainly not the Nigerian people but fuel importers and rent seekers who profit from chaos,”
the Forum noted.

Condemning what it termed “irresponsible unionism”, the Forum urged PENGASSAN to engage in dialogue, respect the courts and prioritize national interest.

In the same vein, the Forum called on the ministries of Labour, Petroleum Resources and Justice to intervene and stop the threat to shut down the refinery.

“The government must send a clear message: industrial blackmail will not be tolerated.

“Nigerians have suffered enough from fuel queues and economic hardship. The Dangote Refinery is our best chance at energy independence, and we must not allow vested interests to destroy it,” the Forum added.

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Fuel Price Hike Averted As Dangote Refinery Resumes Sales Of Petrol In Naira

Following the intervention of the Federal Government, Dangote Refinery has resumed the sale of Premium Motor Spirit (PMS) in naira.

This was disclosed in an email to customers on Saturday.

The refinery stressed that the development followed the intervention of the Naira for Crude Technical Committee Chairman.

“Dear Valued Customer, following the intervention of the Naira for Crude Technical Committee chairman, we are pleased to inform you of the resumption of PMS sales in Naira commencing immediately.

“You may kindly proceed to place your orders in Naira for both self-collection and free delivery of PMS to the earlier advised location(s) across the country.

“Thank you for your continued patronage. Warm regards, Group Commercial Operations.

“For: Dangote Petroleum Refinery and Petrochemicals FZE”, the statement reads.

The development has averted a nationwide fuel price hike.

Recall that the 650,000-barrel-per-day refinery had suspended petrol sales in naira.

The Independent Petroleum Marketers Association of Nigeria had earlier on Saturday announced plans to hike fuel prices.