Business

Dangote Refinery Fuels Price Surge: Petrol Costs Up 6.7% in Nigeria

Nigeria's Dangote Petroleum Refinery has announced a significant 6.7% hike in its petrol gantry price, now reaching N1,350 per litre. This adjustment, effective September 12, 2026, is poised to escalate acquisition costs for marketers and will likely impact pump prices nationwide. The move comes amid a volatile global crude oil market, testing Nigeria's deregulated downstream sector.

InformationNG·September 12, 2026AI-curated

The Dangote Petroleum Refinery has increased its Premium Motor Spirit, PMS, popularly known as petrol, gantry price by 6.7 per cent to N1,350 per litre from N1,265 per litre, effective September 12, 2026. The refinery also raised its coastal price to N1,783,530 from N1,669,543, r

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This story was sourced from InformationNG and rewritten in SEVA editorial voice. Read the full original at the source.