Premium Motor Spirit (petrol) pump prices have been lowered nationwide by the Dangote Petroleum Refinery. Depending on the region, the new prices now range from N875 to N905 per litre.
On Thursday, Dangote Refinery’s official social media account announced the revised pricing structure, which represents a N15 drop per litre across all areas and partner retail locations.
All significant gasoline marketers that work with the refinery, such as MRS, Ardova, Heyden, Optima Energy, Techno Oil, and Hyde Energy, are covered by it.
Residents in Lagos paid N890 per litre under the previous pricing structure, while rates in the North East and South-South increased to N920.
Residents in Lagos will now pay N875, while those in the North East and South South will pay N905 per litre as a result of the recent change.
Lagos: N875, South-West: N885, North-East: N905, North-West & Central: N895, and South-South & South-East: N905 are the updated pricing broken down by region.
In addition to encouraging Nigerians to report non-compliance by calling its hotline at +234 707 470 2099 or +234 707 470 2100, the Dangote Refinery advised customers to only buy petrol from its partner stores.
In the notification, the business said, “Our premium petrol and diesel are refined for better engine performance and are environmentally friendly.”
According to information our reporter obtained, the latest cut comes after a refund benefit policy that was made available to its clients earlier this week was reinstated.
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The development comes hours after The Intercept reported that independent oil marketers resumed large-scale importation of petrol, as fresh data shows that over 496.17 million litres of petrol were brought into the country within nine days.
Findings using the Tanker Position Report, a document that tracks oil tankers’ movement and was obtained from Blue Sea Maritime by our correspondent on Monday, revealed that 370,000 metric tonnes of petrol were discharged at various depots. These products berthed at seaports between May 11 and 20, 2025.
On Monday, the 650,000 Lekki-based facility said the naira-for-crude deal allowed it to reduce the price of petrol, which translates to reduced costs at the pumps.
This is even as the company affirmed that the prices of petrol will remain affordable and stable.
They said that despite the fluctuations in global crude oil prices, it has consistently reduced the price of petrol.
The company, in a release signed by its Group Chief Branding and Communications Officer, Anthony Chiejina, said the decision to maintain price stability reflects its unwavering commitment to supporting the Nigerian economy and alleviating the burden on consumers from the increase in fuel prices by maintaining price stability.
