The Dangote Petroleum Refinery has raised the ex-gantry price of premium motor spirit, commonly known as petrol, to N799 per litre.
The adjustment represents a N100 increase from the previous price of N699 per litre, which took effect on December 12, 2025.
In a statement issued on Tuesday, the refinery announced that MRS retail outlets will now sell petrol at N839 per litre, up from the former price of N739 per litre.
“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.
“Under the current alignment, the PMS gantry price is N799 per litre, while MRS retail outlets are selling at N839 per litre.”
The refinery reiterated its commitment to ensuring market stability and maintaining uninterrupted petrol supply nationwide.
“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,” the plant 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.”
Despite the earlier price reduction, the refinery criticised “many filling stations” for failing to “reflect the new price at the pump,” thereby preventing Nigerians from benefiting from the reduction.
“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 refinery said.
It further reaffirmed its dedication to energy security, price stability and long-term value for Nigerians.
Commenting on the development, the chief executive officer, David Bird, said the refinery is currently supplying about 50 million litres of petrol daily to the domestic market, with nationwide distribution operating smoothly.
He explained that the refinery’s flexible configuration allows it to process various crude grades and intermediate feedstocks, enabling steady petrol supply even during planned maintenance.
Bird added that this capacity helps ensure consistent and uninterrupted fuel availability across the country.