Dangote Refinery Slashes Nationwide Petrol Prices, Amid Ongoing Tension with Marketers

 

Dangote Refinery has reduced its premium motor spirit retail price nationwide.

The 650,000-barrel-per-day refinery said its new gantry price is N820 per litre, the same price announced last month.

The company, which is currently in a face-off with the Nigerian Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), adjusted its petrol retail price nationwide on Thursday.

This was disclosed in a fresh price template released by Dangote Group on its X account.

With the new price template, in Lagos, Oyo, Ogun, Ondo, and Ekiti, Dangote Refinery’s petrol retail price stands at N841 from N860 per litre.

In Abuja, Edo, Delta, Rivers and Kwara states, the largest African refinery retail price is N851, down from N885 per litre.

This means that Dangote Refinery reduced its petrol refinery in Lagos and the South-west states by N19, while in Abuja and the South-South, it reduced by N34.

It stated that the new price template is expected to take effect on Monday September 15, 2025.

Meanwhile, UGAMATV reports that the Dangote Refinery price template is not binding on petroleum marketers and retailers except MRS and its other distribution partners.

NUPENG on Thursday announced that it may return to strike against Dangote Group, alleging that the company reneged on its recent resolutions.

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