Latest Petrol Price Across Nigeria – Monday, September 21, 2026

The pump price of Premium Motor Spirit (PMS), popularly known as petrol, has seen a sharp upward adjustment across major cities in Nigeria, following recent price updates by major domestic suppliers and international crude oil market pressures.

The price movement became pronounced after Dangote Petroleum Refinery raised its PMS gantry price to ₦1,350 per litre, driving up acquisition costs for major marketers and independent distributors.

While recent fluctuations in international Brent crude prices—dropping back to around $103 per barrel—prompted minor competitive drops of ₦25 to ₦30 at select retail stations, average retail prices across the country remain elevated.

Current Regional Pump Price Ranges:

• Lagos & South-West: Retail prices range between ₦1,375 and ₦1,400 per litre at major stations (including NNPCL and MRS outlets), with some independent stations selling slightly higher depending on logistics costs.
• Abuja & Central Region: Prices at NNPCL retail outlets and major marketers range between ₦1,395 and ₦1,430 per litre, while independent stations in suburban areas are retailing between ₦1,420 and ₦1,500 per litre.
• Eastern & Southern Depots (Port Harcourt, Calabar, Warri): Wholesale depot prices have stabilized between ₦1,267 and ₦1,295 per litre, bringing retail pump prices across the South-East and South-South to between ₦1,400 and ₦1,450 per litre.
• Northern States: Due to additional interstate transport and distribution expenses, retail prices range from ₦1,420 to ₦1,500+ per litre across northern filling stations.

Key Drivers Behind the September Price Surge:

Industry reports point to a combination of internal and international factors driving current market rates:

1. Refinery Wholesale Re-adjustments: Dangote Refinery incrementally moved its gantry price from ₦1,265 to ₦1,350 per litre to reflect rising input costs, setting a higher cost base for domestic distributors.
2. Elevated Global Crude Prices: Global Brent crude benchmark surges past $100 per barrel earlier in the month pushed up product replacement and landing costs to over ₦1,310 per litre prior to recent minor pullbacks.
3. Retail Competition: Select private marketers like Mobil and AA Rano recently announced marginal downward adjustments of ₦25–₦30 per litre to stay competitive in major cities like Abuja, though overall national prices remain near historic highs.