Dangote Petroleum Refinery has announced a nationwide increase of ₦100 per litre in the price of Premium Motor Spirit (PMS).
The company disclosed the adjustment in a statement released on Monday, noting that the ex-depot (gantry) price of petrol has risen to ₦799 per litre, while the retail pump price now stands at ₦839 per litre. This represents an increase from the previous prices of ₦699 and ₦739 per litre, respectively, which had been in effect since December 2025.
“Under the current pricing structure, the PMS gantry price is ₦799 per litre, while MRS retail outlets are selling at ₦839 per litre,” the statement read.
The Chief Executive Officer of Dangote Petroleum Refinery, David Bird, said the refinery continues to supply about 50 million litres of petrol daily to the domestic market, adding that nationwide evacuation and distribution remain uninterrupted.
The refinery recently turned to petrol imports to supplement supply due to downtime at its Residual Fluid Catalytic Cracker (RFCC) unit, according to data from Kpler.
As of Monday night, petrol prices at retail outlets across the country, including those operated by the Nigerian National Petroleum Company Limited (NNPCL), ranged between ₦805 and ₦830 per litre.
Industry observers warn that the latest price increase by Dangote Refinery could lead to further adjustments in petrol prices across Nigeria’s downstream sector.
It will be recalled that the President of Dangote Group, Aliko Dangote, had in December stated that the refinery would maintain a retail price of ₦739 per litre nationwide in a bid to undercut fuel importers.
Speaking to journalists at the time, Dangote said, “We don’t want petrol to be sold for more than ₦740 per litre anywhere in the country.”