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Dangote refinery raises petrol ex-gantry price to N799 per litre after festive slash

The refinery says price increase does not hinder supply
Dangote refinery facility
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Dangote Petroleum Refinery has increased the ex-gantry price of premium motor spirit to N799 per litre following the end of its festive period price support. The adjustment marks a N100 increase from the N699 per litre price that took effect in December 2025.

In a statement issued on Tuesday, the refinery said the revised pricing applies across its supply chain, with partner outlets reflecting higher pump prices.

It added that MRS fuel station, its primary retail outlets, will now sell petrol at N839 per litre, compared with the previous N739 per litre.

The price adjustment follows the conclusion of the festive season, when it implemented temporary measures to keep fuel prices lower for consumers. The earlier pricing was designed to cushion Nigerians during a period of increased household expenses.

โ€œWith the festive period concluded, PMS prices have been modestly realigned to sustainable levels to support long term market stability and affordability,โ€ the refinery said. โ€œUnder the current alignment, the PMS gantry price is N799 per litre, while MRS retail outlets are selling at N839 per litre.โ€

The adjustment is aimed at sustaining steady supply while covering operating and logistics costs. Nationwide petrol distribution is expected to continue without disruption.

Why Dangote adjusted petrol prices

The price increase follows a deliberate and time bound intervention introduced during the festive season. The intervention was intended to ease pressure on consumers at a time of heightened spending.

โ€œDuring the recent festive period, the Refinery implemented a deliberate and temporary price support intervention to cushion Nigerians at a time of heightened household spending,โ€ it said.

This was the second festive season in which it absorbed additional costs in the national interest.

According to the statement, the company provided logistics support during the 2024 festive period and implemented a petrol price reduction in 2025.

Both actions were aimed at promoting affordability and maintaining calm in the domestic fuel market.

However, the benefits of the reduced festive pricing were not fully passed on to consumers.

Meanwhile, Dangote accused โ€œmany filling stationsโ€ of failing to reflect the lower prices at the pump during the period.

Daangote refineryโ€™s supply level

Dangote Petroleum Refinery continues to play a stabilising role in Nigeriaโ€™s petrol supply. The domestic refining reduces exposure to international fuel price swings and supply risks.

Speaking on the development, Chief Executive Officer David Bird said the refinery is supplying about fifty million litres of petrol to the domestic market each day. He stated that nationwide distribution is currently running smoothly.

Bird explained that the refineryโ€™s design allows it to process different crude grades and intermediate feedstocks. He added that this flexibility makes it possible to maintain petrol supply even during scheduled maintenance activities.

This operational structure supports energy security and steady availability of petrol across the country. The price stability and long term value for Nigerians remain central to its operations.

The supply to the Nigerian market will remain steady in the coming months.

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