Dangote Petroleum Refinery and Petrochemicals has announced reductions in its petrol and diesel gantry and coastal prices amid Monday’s oil price slump to $90 per barrel from previous $115.
According to a new pricing template released by the refinery on Tuesday, the gantry price of petrol has been reduced by N100, dropping from N1,175 to N1,075 per litre.
Dangote Refinery also stressed that the price of petrol for coastal supply would now be N1,050 per litre, saying the difference in price reflects additional costs linked to maritime distribution.
Similarly, the price of Automotive Gas Oil (diesel) has been reduced to N1,430 per litre at the gantry, down from the previous N1,620 per litre. This represents a decrease of N190 per litre.
The refinery noted that these gantry prices do not include regulatory charges from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
Dangote Refinery had raised its gantry PMS price to N1,175 per litre — the third upward adjustment in seven days.
The refinery communicated the new ex-depot price to marketers and depot operators, up N180 from the N995 per litre announced last week Friday, an 18.1 per cent increase in three days.
1SUBSCRIBE TO OUR NEWSLETTER NOW
Support MATAZ ARISING’ journalism of integrity and credibility.
Good journalism ensure the possibility of a good society, an accountable democracy, and a transparent government.
We ask you to consider making a modest support to this noble endeavour.
TEXT AD: To advertise here – Email ad@matazarising.com
LATEST POSTS
-
Muslim clerics and Muslim president
MaTaZ ArIsInGDallas, Texas Monday Lines Muslim clerics and Muslim president By Lasisi Olagunju (Published on Monday, 12 October, 2026). The voice of Northern Nigeria, Daily Trust newspaper, reported on Wednesday last week that more than 1,000 Islamic clerics met in Kano and warned Muslims against re-electing President Bola Tinubu next year unless his administration changed…
-
Court strikes out charge against alleged ‘fake’ PFIPC DG Adeyemi
MaTaZ ArIsInGDallas, Texas By Ikechukwu Nnochiri ABUJA — The Federal High Court in Abuja on Monday struck out the eight-count forgery charge brought against the self-styled Director-General (DG) of the alleged “non-existent” Presidential Foreign Investment Promotion Council (PFIPC), Prince Adeniyi Adeyemi. Justice Mohammed Umar terminated further proceedings in the case following an application by the…
-
$1bn military arms was never paid into private accounts – Buratai
MaTaZ ArIsInGDallas, Texas Former Chief of Army Staff, retired Lt.-Gen. Tukur Buratai, has clarified that the one billion dollars earmarked for military arms procurement during his time was never paid into individual service accounts. Buratai made the clarification while delivering a keynote lecture at the Defence Correspondents Association of Nigeria (DECAN) Conference and Awards Ceremony…
