Dangote Refinery Increases Petrol Price to ₦1,350 per Litre
Lagos, Nigeria, May 5, 2026
Dangote Refinery has announced an increase in the ex-depot price of Premium Motor Spirit (PMS), raising it by ₦75 from ₦1,275 to ₦1,350 per litre.
The adjustment reflects ongoing shifts within the downstream petroleum sector, influenced by market dynamics and operational considerations.
The new price is expected to have a ripple effect across the fuel supply chain, potentially impacting pump prices and transportation costs nationwide.
Industry observers note that such price adjustments are closely tied to global oil trends, exchange rates, and distribution logistics, all of which continue to shape Nigeria’s energy landscape.
