The Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of petrol and diesel, signaling potential relief for Nigerian motorists and fuel marketers.
According to the refinery’s latest pricing template issued on March 10, 2026, the price of Premium Motor Spirit (PMS), popularly known as petrol, has been lowered by ₦100 per litre, bringing the gantry price to ₦1,075 from the previous ₦1,175.
For coastal supply, the refinery set petrol at ₦1,050 per litre, reflecting a minor adjustment to account for maritime distribution costs.
Similarly, the price of Automotive Gas Oil (diesel) has been reduced to ₦1,430 per litre, a ₦190 reduction from the previous ₦1,620 per litre.
The refinery noted that these gantry prices do not include statutory fees and charges imposed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), which may still affect the final pump price at retail outlets.
The reduction comes amid ongoing fluctuations in global oil prices, with refiners adjusting local pricing in response to international market dynamics and operational costs.