Dangote Refinery has raised petrol price to ₦1,350/litre after fresh ₦75 increase.
NaijaOnPoint Nigeria reports that the Dangote Refinery has increased the ex-depot price of petrol by ₦75, pushing the cost to ₦1,350 per litre from the previous ₦1,275.
This marks the refinery’s first fuel price adjustment for the month of May and comes just seven days after a similar upward review.
The latest hike follows an earlier increase implemented on April 29, when the refinery raised the ex-depot price from ₦1,200 to ₦1,275 per litre.
The back-to-back adjustments highlight ongoing price volatility in Nigeria’s downstream oil sector, with market watchers closely monitoring the impact on pump prices and overall cost of living.