Dangote Refinery Reduces Petrol, Diesel Prices

The Dangote Refinery has reduced the prices of petrol and diesel by up to ₦100 and ₦190 respectively, according to its latest pricing template released on March 10, 2026.

Under the new pricing structure, the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, has been lowered by ₦100, bringing it down to ₦1,075 per litre from the previous ₦1,175 per litre.

The refinery also announced that the price of PMS for coastal supply has been adjusted to ₦1,050 per litre, reflecting slight changes associated with maritime distribution costs.

Similarly, the price of Automotive Gas Oil (AGO), also known as diesel, has been reduced to ₦1,430 per litre at the gantry, marking a ₦190 drop from the earlier price of ₦1,620 per litre.

However, the refinery clarified that the gantry prices do not include statutory charges imposed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

The latest price adjustments are expected to influence fuel supply and distribution across the country as stakeholders in the downstream petroleum sector monitor market reactions.