Dangote Petroleum Refinery has announced an upward review of petrol prices nationwide, bringing an end to the temporary price relief enjoyed during the festive season.
The refinery disclosed on Monday that the ex-depot (gantry) price of Premium Motor Spirit (PMS) has been increased from ₦699 per litre to ₦799 per litre. With the adjustment, petrol is now expected to sell for about ₦839 per litre at MRS filling stations across the country.
According to the company, the price revision reflects a return to regular market operations following the conclusion of its holiday intervention. Dangote Refinery explained that the earlier price reduction was a short-term measure designed to cushion Nigerians against increased spending pressures typically associated with festive celebrations.
The company noted that this is not the first time it has stepped in to stabilise fuel prices during peak periods. In 2024, it absorbed part of the logistics costs to moderate pump prices, while in 2025 it deliberately lowered petrol prices to ease market volatility and improve affordability for consumers.
However, the refinery expressed disappointment that many fuel marketers did not pass on the reduced prices to motorists during the intervention period, a situation it said significantly reduced the impact of the relief effort on households and businesses.
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Reaffirming its position, Dangote Petroleum Refinery said it remains committed to ensuring consistent fuel availability, supporting a fair pricing framework, and strengthening Nigeria’s long-term energy security through sustained local refining.
