Dangote Petroleum Refinery And Petrochemicals Has Increased The

Dangote Petroleum Refinery and Petrochemicals has increased the ex‑gantry price of Premium Motor Spirit (PMS), commonly called petrol, to ₦799 per litre after the conclusion of its festive‑period pricing support. The adjustment marks a ₦100 rise from the previous ex‑gantry price of ₦699 per litre that was in place from December 2025. As a result of the new price, petrol at partner retail outlets such as MRS Oil Nigeria Plc is now selling at about ₦839 per litre nationwide up from the earlier pump price of around ₦739 per litre. In an official statement, the refinery said the festive season support pricing implemented to ease financial pressure on households during a period of heightened spending has now ended, and prices have been “modestly realigned to sustainable levels” to underpin long‑term market stability and affordability.
The company explained that this marks the second consecutive festive period in which it absorbed costs in the national interest including logistics support in 2024 and price reductions in 2025 o cushion Nigerians and help calm fuel markets.
The ex‑gantry price increase is expected to lead to higher retail petrol prices across the country as marketers adjust to the new benchmark.
Transporters, commuters, and households could feel the impact on fuel costs, which often influence broader living and transportation expenses. Some industry stakeholders say that not all filling stations reflected earlier price reductions, meaning many consumers were denied the full benefits of Dangote’s festive support intervention.
Speaking on the development, David Bird, CEO of Dangote Petroleum Refinery, noted that the facility continues to supply about 50 million litres of petrol daily to the domestic market and that nationwide evacuation and distribution are running smoothly.
Bird highlighted the refinery’s operational flexibility its ability to process various crude types and intermediate feedstocks which helps maintain stable petrol supply even during planned maintenance activities. The company reaffirmed its commitment to energy security, price stability, and long‑term value for Nigerians, stating that local production shields the market from import‑related volatility and external supply disruptions. The refinery’s pricing moves come amid ongoing efforts to strengthen Nigeria’s domestic fuel production and reduce reliance on imported petrol. By realigning prices after the festive intervention, Dangote aims to balance consumer relief with sustainable market conditions that can support investment, distribution, and security of supply.