Dangote Refinery Hikes Petrol Price From N699 To N799

The Dangote Petroleum Refinery has adjusted the gantry price of its petrol from N699 per litre to N799 per litre, leading to a new pump price of N839 per litre at MRS filling stations.

In a statement released Monday evening, the refinery explained that the change follows the end of the holiday season. “With the festive period concluded, PMS prices have been modestly realigned to sustainable levels to support long-term market stability and affordability. Under the current alignment, the PMS gantry price is N799 per litre, while MRS retail outlets are selling at N839 per litre,” the company stated.

The refinery noted that it had previously absorbed higher costs as a “deliberate and temporary price support intervention” to assist Nigerians during the holidays.

This was the second year the facility provided such relief, including “logistics support in 2024 and a price reduction in 2025 to promote affordability and market calm.”

However, the refinery pointed out that “many filling stations failed to reflect the new price at the pump, thereby denying Nigerians the benefits of the reduction.”

David Bird, the Chief Executive Officer of Dangote Petroleum Refinery, assured the public that the facility is still delivering about 50 million litres of petrol daily to the local market.

He emphasized that the refinery’s “design flexibility” allows it to maintain a steady supply even during maintenance.

According to the statement, “As a domestic producer, Dangote Petroleum Refinery continues to shield the Nigerian market from import-related volatility and external supply disruptions, while remaining a stabilising force in the downstream petroleum sector.”

The company concluded by reaffirming its mission to provide “energy security, price stability, and long-term value for Nigerians.”

Join Informant Online WhatsApp Channel With Link Below: https://whatsapp.com/channel/0029VaihFajBadmT29ufud2

Related articles

Datti Baba-Ahmed To Dump LP For PRP

Yusuf Datti Baba-Ahmed, who served as the vice-presidential candidate...

Former Presidential Aspirant Buys N100m Presidential Form To Challenge Tinubu

Stanley Osifo, an Edo State politician and former presidential...

Ex-Zamfara Senator Marafa Dumps ADC For NDC Three Weeks After Defection

Kabir Marafa, the former representative for Zamfara Central, has...

Latest Job Vacancies In Nigeria – Wednesday, April 29, 2026

Here are the latest job vacancies in Nigeria as...

Dollar To Naira Exchange Rate – Wednesday, April 29, 2026

The Naira is showing relative stability this morning, Wednesday,...

LEAVE A REPLY

Please enter your comment!
Please enter your name here