The Dangote Petroleum Refinery has raised the ex-gantry price of its premium motor spirit (PMS), commonly known as petrol, to N799 per litre.
This marks an increase of N100 from the previous price of N699 per litre, which had been set on December 12, 2025.
In a statement released on Tuesday, the refinery noted that MRS retail outlets will now sell the product at N839 per litre, up from N739 per litre.
The refinery explained that the price adjustment, coming after the festive period, was necessary to realign PMS prices to sustainable levels and support long-term market stability and affordability.
“With the festive period concluded, PMS prices have been modestly realigned to sustainable levels to support long term market stability and affordability,” the refinery stated. “Under the current alignment, the PMS gantry price is N799 per litre, while MRS retail outlets are selling at N839 per litre.”
Dangote Refinery also emphasized its commitment to market stability and uninterrupted nationwide petrol supply. The refinery added that, during the recent holiday season, it had implemented a temporary price support intervention to ease the financial burden on Nigerians amid increased household spending.
“This marked the second consecutive festive season in which the refinery absorbed significant costs in the national interest, including logistics support in 2024 and a price reduction in 2025 to promote affordability and market calm,” the refinery said.
Despite the price adjustments, Dangote Refinery criticized many filling stations for failing to update their pump prices in line with the new price, thereby denying consumers the benefits of the price cut.
“As a domestic producer, Dangote Petroleum Refinery continues to shield the Nigerian market from import-related volatility and external supply disruptions, while remaining a stabilizing force in the downstream petroleum sector,” the refinery added.
The company also reaffirmed its dedication to ensuring energy security, price stability, and long-term value for Nigerians.
David Bird, CEO of Dangote Petroleum Refinery, commented on the development, revealing that the refinery is currently supplying around 50 million litres of petrol to the domestic market daily, with nationwide distribution running smoothly.
He also highlighted the refinery’s flexible design, which allows it to process various types of crude and intermediate feed stocks, ensuring continuous supply even during scheduled maintenance periods.
“This ensures that domestic fuel availability remains stable and uninterrupted,” Bird concluded.