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Dangote Petroleum Refinery reduces petrol price by ₦100 to ₦1,075 per litre
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Diesel price drops by ₦190 to ₦1,430 per litre at refinery gantry
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Price cut linked to decline in global crude oil prices, may ease pump prices nationwide
Dangote Petroleum Refinery has reduced its ex-depot prices for Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (AGO), also called diesel.
The refinery announced that the gantry price of petrol has been cut by ₦100, dropping from ₦1,175 per litre to ₦1,075 per litre.
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According to the company’s latest pricing template released on March 10, 2026, PMS supplied through coastal distribution will now sell at ₦1,050 per litre, reflecting a slight price difference for marine deliveries.
READ ALSO: Costs from 47 Government Agencies Affect Petrol Price – Dangote Refinery
The refinery also reduced the gantry price of diesel to ₦1,430 per litre, representing a ₦190 decrease from the previous price of ₦1,620 per litre.
The company noted that the quoted gantry prices exclude statutory charges imposed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The price adjustment comes amid a recent decline in global crude oil prices, which has begun to ease cost pressures across the international petroleum market.
Industry analysts say the reduction could provide temporary relief for marketers and bulk buyers who have faced rising loading costs in recent days.
Market operators are now watching closely to see how quickly the new ex-depot prices will reflect in retail pump prices across Nigeria.