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Dangote Refinery Raises Petrol Price to N1,175, Diesel to N1,620 …Sales resume as depot prices surge nationwide

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The cost of goods and services in Nigeria may rise further following a fresh increase in fuel prices by the Dangote Petroleum Refinery, which has raised the gantry price of Premium Motor Spirit (PMS), popularly known as petrol, to N1,175 per litre.

The latest adjustment represents the third price increase within a week, signaling continued volatility in the country’s downstream petroleum sector.

The refinery communicated the new price to petroleum marketers on Monday, increasing the gantry price from N995 per litre announced on Friday to N1,175 per litre, an increase of N180 or about 18.1 per cent within three days.

In addition, the refinery revised the gantry price of Automotive Gas Oil (AGO), commonly known as diesel, to N1,620 per litre.

A senior refinery official, who spoke on condition of anonymity because he was not authorised to comment publicly, confirmed that the new prices had already been circulated to marketers and depot operators.

“Yes, the gantry prices have been adjusted. PMS is now N1,175 per litre while Automotive Gas Oil is N1,620 per litre,” the official said.

According to the source, the changes reflect the realities of the current global market environment.

“The market has been extremely volatile and replacement costs have shifted significantly in recent days. These adjustments reflect prevailing market fundamentals and the cost environment we are currently operating in,” the official added.

Industry checks showed that the updated prices have already been reflected on the petroleum pricing platform petroleumprice.ng, indicating a shift in the benchmark prices used by downstream marketers.

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The latest increase follows previous adjustments that moved the refinery’s petrol gantry price from N774 to N995 per litre, with retail pump prices now exceeding N1,000 per litre in many parts of the country. In some locations, filling stations are already dispensing petrol at about N1,200 per litre, worsening the financial strain on consumers.

Analysts warn that the hike is likely to trigger another round of price increases at filling stations nationwide, as higher fuel costs typically translate into increased transportation, logistics, and production expenses.

The development comes despite ongoing efforts by the Nigerian National Petroleum Company Limited to boost crude supply to the refinery through international third-party traders in order to sustain domestic refining operations.

A senior NNPC official explained that crude oil is being sourced at rates comparable with international market prices.

“Leveraging our global crude trading network, we are sourcing third-party crude for the refinery at prices that are competitive with prevailing international market rates,” the official said.

He added that the national oil company remains committed to ensuring stable crude supply for domestic refining.

“As the national oil company entrusted with safeguarding Nigeria’s energy security, NNPC Limited remains fully committed to supporting domestic refining, including the Dangote Petroleum Refinery. Within the framework of our existing agreements, we continue to facilitate crude supply to the refinery, despite temporary availability constraints.”

However, the official cautioned that the intervention may not immediately lead to lower fuel prices for consumers.

“This will not necessarily impact price. The current crisis in the Middle East is affecting global energy markets, including crude oil, LNG, and other fuels, and that has implications for refined product pricing worldwide,” he said.

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BREAKING NEWS

Troops Thwart Coordinated Terrorist Attacks on Military Locations in North-East

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Troops of the Joint Task Force (North East) under Operation HADIN KAI have thwarted multiple coordinated attacks launched by suspected Islamic State West Africa Province (ISWAP) terrorists on several military positions across the North-East.

The attacks occurred on the night of March 8 and the early hours of March 9, 2026, between 10:00 p.m. and 3:00 a.m., targeting military locations in Delwa, Goniri, Kukawa, Mainok, and a troop harbour position within the Sambisa Forest.

In a statement issued on Monday by the Media Information Officer of Operation HADIN KAI, Lt. Col. Sani Uba, the terrorists were said to have launched the assaults simultaneously from multiple directions in what appeared to be a coordinated attempt to overwhelm troop positions.

Despite the intensity of the attacks and the heavy firepower deployed by the insurgents, troops held their ground and mounted strong defensive responses across the affected locations. Reinforcements and the Air Component of Operation HADIN KAI were also deployed, providing timely support during the engagements.

According to the statement, the attackers were eventually forced to withdraw after encountering overwhelming resistance from the troops, leaving behind several casualties.

Troops also recovered weapons and equipment abandoned by the fleeing terrorists, including two PKT machine guns, six AK-47 rifles, eight rocket-propelled grenade (RPG) bombs, four mortar bombs, and assorted ammunition of various calibres.

Military authorities disclosed that the intensity of the firefights led to temporary breaches in sections of the defensive perimeters at Goniri and Kukawa. Some structures within the bases as well as a number of vehicles were also damaged during the clashes.

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However, the military confirmed that all the affected locations remain firmly under the control of Operation HADIN KAI troops.

 

The statement added that ground forces, supported by the Air Component, have commenced follow-up exploitation operations in the affected areas. Cordon and search operations are also ongoing in neighbouring communities following reports that some wounded terrorists may have sought refuge there.

The military also confirmed that the engagements resulted in the loss of some soldiers, including an officer in Kukawa who was described as outstanding.

The statement noted that the fallen personnel paid the ultimate sacrifice in defence of the nation and the protection of innocent citizens.

Operation HADIN KAI assured that its troops remain vigilant, motivated, and committed to sustaining relentless operations aimed at denying terrorists freedom of action and ensuring lasting security across the North-East region.

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Unconfirmed Reports Claim Deputy Chief of Staff to Speaker, Chamberlain Dunkwu, Is Dead

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Unconfirmed reports have emerged claiming that the Deputy Chief of Staff to the Speaker of the House of Representatives, Chamberlain Dunkwu, has died suddenly, sparking shock among political associates and colleagues.

According to sources familiar with the development, Dunkwu reportedly passed away after experiencing breathing difficulties shortly after a meal. It was gathered that he had complained that he could not breathe moments before the incident.

As of the time of filing this report, there has been no official confirmation from the office of the Speaker of the House of Representatives, Tajudeen Abbas, or the leadership of the House of Representatives regarding the reported death.

Dunkwu, who hails from Ute-Okpu in Ika North East Local Government Area of Delta State, is known as a notable member of the All Progressives Congress (APC) and has served as a key aide within the National Assembly.

Political associates described the report as shocking, noting that the aide had been active in official engagements prior to the alleged incident.

Efforts to obtain confirmation from officials at the National Assembly were ongoing at the time of this report.

More details are expected as the situation develops.

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Disu Removes Police Spokesman Hundeyin Hours After Taking Office

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The newly appointed Inspector-General of Police, Tunji Disu, has removed the Force Public Relations Officer, Benjamin Hundeyin, barely 24 hours after assuming office.

Hundeyin, an Assistant Commissioner of Police, was relieved of the position on Thursday, March 5, 2026, according to reports citing sources within the Nigeria Police Force headquarters.

The development comes amid ongoing internal restructuring within the police hierarchy following Disu’s inauguration as the 23rd Inspector-General of Police by President Bola Ahmed Tinubu.

Disu was appointed last week after the removal of the former police chief, Kayode Egbetokun, who had served as IGP since 2023.

A senior source at the police headquarters reportedly confirmed the development, stating that the Force Public Relations Officer had been removed earlier in the day as part of the ongoing changes within the force.

However, it remains unclear who will take over the role as the next spokesperson of the police.

Hundeyin had assumed the position about six months ago during the tenure of Egbetokun. During his career, he served as Police Public Relations Officer at the Zone 2 Command Headquarters in Onikan, Lagos.

An alumnus of Lagos State University, Hundeyin holds a Bachelor of Arts degree in English Language and a Master’s degree in Legal Criminology and Security Psychology from the University of Ibadan.

He also obtained a certificate in Civil-Military Coordination from the Martin Luther Agwai International Leadership and Peacekeeping Training Centre in Jaji, Kaduna.

In addition, Hundeyin has participated in international peacekeeping operations, including the United Nations–African Union Mission in Darfur in 2020.

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