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Oil & Gas

BREAKING: Dangote Refinery Reduces Petrol Price By N100

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In less than 48 hours after an increase in its ex-depot price of Premium Motor Spirit, Dangote Petroleum Refinery has lowered prices of petrol and diesel by N100.

In the latest pricing template from the refinery, issued on March 10, 2026, the price of petrol at the gantry has been reduced by ₦100, bringing it down to ₦1,075 per litre from the earlier price of ₦1,175 per litre.

The refinery has further stated that the price of PMS for coastal supply will now be set at ₦1,050 per litre, which accounts for a minor adjustment due to maritime distribution expenses.

In a similar manner, the cost of Automotive Gas Oil (diesel) has been lowered to ₦1,430 per litre at the gantry. This marks a reduction of ₦190 from the previous price of ₦1,620 per litre.

The refinery pointed out that the prices at the gantry do not include fees from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

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Funsho Arogundade

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