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Nigeria: Dangote Refinery Cuts Petrol, Diesel Prices
Dangote Refinery reduced petrol and diesel gantry prices by N100 following global crude price volatility, easing fuel costs amid previous hikes up to N1,175 and N1,620 per liter.
- On Monday, retail petrol jumped to N1,400 per litre and diesel to N1,750 at pumps after filling stations raised prices, while President Bola Ahmed Tinubu has kept mum.
- Market data show Brent crude surged to $98.86 while West Texas Intermediate fell to $88.11 as Dangote attributed moves to global crude volatility and Gulf region geopolitical developments.
- Dangote Refinery lowered gantry petrol to N1,075 and coastal PMS to N1,050, excluding NMDPRA fees, on March 10, 2026.
- Transporters in Abuja confirmed fare hikes to N1,500 from N1,200, while manufacturers face pressure to pass higher diesel costs to consumers.
- Industry warnings point to potential spikes as high as N2,000 or N3,000, with PETROAN urging regulators to pursue a price‑stability programme without controls after petrol rose by N525 at NNPC outlets before the Iran–United States–Israel conflict escalated on February 28, 2026.
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15 Articles
Daily Post Nigeria
Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper.Dangote Refinery reduces petrol, diesel prices
Dangote refinery has lowered petrol and diesel prices by N100. In the latest pricing template from the refinery, issued on March 10, 2026, the price of
World Oil Prices Spike 5% Following Dangote Refinery's N100 Petrol Price Reduction
Global oil prices rebounded strongly on Wednesday, rising by more than 5 per cent after falling to $88 per barrel on Tuesday, according to market data. Brent crude climbed to $92.43 per barrel as of 10:56 a.m. WAT, reflecting a 5.27 per cent increase. Earlier in the week, it had crossed the $ 100-per-barrel mark … The post World Oil Prices Spike 5% Following Dangote Refinery’s N100 Petrol Price Reduction appeared first on Business Elites Africa.
Dangote Slashes PMS Price by N100, Declares Fuel Scarcity “Gone for Good”
The management of Dangote Petroleum Refinery has announced a major reduction in the prices of Premium Motor Spirit (PMS), commonly known as petrol, and Automotive Gas Oil (AGO), also known as diesel. This strategic adjustment is aimed at easing the financial burden on consumers and supporting broader economic stability across Nigeria. Under the […]
Dangote refinery cuts ex-gantry petrol price by N100 - NewsTmes.com.ng
Dangote Petroleum Refinery has reduced its ex-gantry petrol price to N1,075 per litre. According to the refinery’s latest pricing template released on Tuesday, the company cut the petrol price by N100 from its previous rate of N1,175 per litre. The refinery also announced that petrol supplied through coastal distribution will now sell at N1,050 per … The post Dangote refinery cuts ex-gantry petrol price by N100 appeared first on NewsTmes.com.ng.
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