NATIONAL NEWS
Dangote Refinery Cuts Petrol Price by ₦100 to ₦1,075 Per Litre
The Dangote Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, lowering the gantry price by ₦100 from ₦1,175 to ₦1,075 per litre.
According to the latest pricing template released on March 10, 2026, the refinery stated that the new rate applies to fuel lifted directly at the gantry.
The company also disclosed that the price of PMS supplied through coastal distribution channels will now be ₦1,050 per litre. The slight difference, it explained, reflects adjustments related to maritime transportation and associated logistics costs.
In addition to the petrol price adjustment, the refinery announced a reduction in the cost of Automotive Gas Oil (AGO), commonly known as diesel. The gantry price of diesel has been lowered to ₦1,430 per litre, representing a ₦190 decrease from the previous price of ₦1,620 per litre.
The refinery noted that the listed gantry prices do not include regulatory charges imposed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
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