Dangote refinery cuts petrol prices nationwide

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Aliko Dangote and Dangote Refinery: Building Africa's Powerhouse
Aliko Dangote

Dangote Refinery has announced a reduction in the retail price of premium motor spirit (PMS) across the country, alongside a new date for the launch of its direct fuel distribution initiative.

The refinery said the initiative, now scheduled to begin on Monday, September 15, 2025, will allow it to supply petrol and diesel directly to consumers using 4,000 compressed natural gas (CNG) trucks at no logistics cost. The programme was initially slated for August 15.

According to the latest price template released by the Dangote Group on its official X account, the refinery’s gantry price remains at N820 per litre, unchanged from last month. Retail pump prices, however, have been revised downward.

In Lagos, Oyo, Ogun, Ondo and Ekiti states, petrol will now sell at N841 per litre, down from N860. In Abuja, Edo, Delta, Rivers and Kwara states, the price has been cut to N851 per litre from N885. This represents a reduction of N19 per litre in the South-West and N34 per litre in Abuja, the South-South and North Central.

Dangote Refinery emphasised that the new price regime and distribution scheme will take effect from September 15. However, the company noted that its pricing template is not binding on independent petroleum marketers, except MRS and its other affiliated distributors.

The development comes amid an ongoing dispute between Dangote Group and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). The union recently threatened to resume industrial action, accusing the company of backtracking on earlier agreements.

In response, Dangote Group said it recognises and respects the voluntary union membership rights of its employees.

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