Nigeria’s Dangote Petroleum Refinery has raised the depot price of petrol by N100 to N799 per litre, rolling back a price cut it introduced during the last festive season.
The new price replaces the N699 per litre rate that took effect on December 12, 2025, and reflects what the company described as a return to “sustainable levels” after weeks of absorbing higher costs.
“With the festive period concluded, PMS prices have been modestly realigned to sustainable levels to support long-term market stability and affordability,” the refinery said in a statement on Tuesday.
Under the revised pricing, petrol sold through MRS retail outlets will now go for N839 per litre, up from N739 previously. MRS has a direct retail partnership with the Dangote Refinery.
Other outlets such as NNPC are likely to sell at N915 and above.
“Under the current alignment, the PMS gantry price is N799 per litre, while MRS retail outlets are selling at N839 per litre,” the company said.
Dangote said the earlier price reduction was a deliberate intervention to ease pressure on households during a period of elevated spending, stressing that it had absorbed significant costs in the national interest.
“During the recent festive period, the Refinery implemented a deliberate and temporary price support intervention to cushion Nigerians at a time of heightened household spending,” it said.
“This marked the second consecutive festive season in which the Refinery absorbed significant costs in the national interest, including logistics support in 2024 and a price reduction in 2025 to promote affordability and market calm.”
However, the refinery accused some fuel marketers of failing to pass on the price cut to consumers.
“Despite the price reduction, many filling stations failed to reflect the new price at the pump, thereby denying Nigerians the full benefit of the intervention,” it said.
Tension
The price increase comes after the latest rift between the refinery and market regulators over fuel pricing, supply dynamics and competition. Last year, a public dispute involving the refinery and the downstream regulator culminated in the removal of Farouk Ahmed as the head of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
Dangote has repeatedly accused the NMDPRA of working with other interests to stifle the refinery’s operation by expanding imports licensing.
“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 statement said.
David Bird, the refinery’s chief executive officer, said the plant is currently supplying about 50 million litres of petrol daily to the domestic market.
He added that nationwide distribution remains steady and that the refinery’s flexible design allows it to process different crude grades and intermediate feedstocks, ensuring uninterrupted fuel supply even during scheduled maintenance.
The refinery said it remains committed to energy security, price stability and long-term value for Nigerians as the country navigates a fully deregulated fuel market.
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