Dangote Raises Petrol Price to N1,300 as Depot Owners Adjust Rates
Nigeria, Nov. 4 -- Dangote Petroleum Refinery has increased its petrol gantry price to N1,300 per litre from N1,215, reversing two previous price reductions and triggering fresh adjustments in the downstream petroleum market.
The new price took effect from midnight on November 3, 2026, according to a notice circulated to the refinery's customers.
The News Chronicle reports that the refinery also revised its coastal petrol price to N1,676,250 per metric tonne under the new pricing arrangement.
The latest adjustment comes as the refinery prepares to operate under a fixed naira pricing framework. It also suspended loading activities ahead of the implementation of the revised arrangement.
Meanwhile, several depot operators have maintaine...
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