Dangote Petroleum Refinery has announced a nationwide increase of N100 per litre in the pump price of Premium Motor Spirit (PMS), commonly known as petrol.
The refinery disclosed the price adjustment in a statement issued on Monday, stating that its ex-depot (gantry) price has risen to N799 per litre, while the recommended retail price now stands at N839 per litre. This represents an increase from the previous prices of N699 and N739 per litre, respectively, which had been in place since December 2025.
“Under the current pricing structure, the PMS gantry price is N799 per litre, while MRS retail outlets are selling at N839 per litre nationwide,” the statement said.
The Chief Executive Officer of Dangote Petroleum Refinery, David Bird, explained that the refinery continues to supply the domestic market with approximately 50 million litres of petrol daily, adding that evacuation and nationwide distribution remain uninterrupted.
Despite the refinery’s local production capacity, industry data firm Kpler had earlier reported that Dangote Refinery resorted to importing petrol to supplement supply due to downtime at its Residual Fluid Catalytic Cracker (RFCC) unit.
As of Monday night, several filling stations across the country, including outlets operated by the Nigerian National Petroleum Company Limited (NNPCL), were selling petrol at prices ranging between N805 and N830 per litre.
Market analysts warn that the latest price increase by Dangote Refinery could trigger further adjustments across Nigeria’s downstream petroleum sector.
It would be recalled that in December 2025, President of the Dangote Group, Aliko Dangote, assured Nigerians that the refinery’s N739 per litre retail price would be maintained nationwide to discourage fuel importation.
“We don’t want people to sell petrol for more than N740 nationwide,” Dangote had said during a media briefing on December 14.