The Dangote Petroleum Refinery has increased the ex-gantry price of its Premium Motor Spirit (PMS), also known as petrol, to ₦799 per litre.
The new price represents a ₦100 increase from the previous ₦699 per litre, which took effect on December 12, 2025, for the yuletide period.
In a statement issued on Tuesday, the refinery said MRS retail outlets will now sell the product at ₦839 per litre, up from the earlier ₦739 per litre.
“With the festive period concluded, PMS prices have been modestly realigned to sustainable levels to support long-term market stability and affordability,” the refinery said.
“Under the current alignment, the PMS gantry price is ₦799 per litre, while MRS retail outlets are selling at ₦839 per litre.”
The refinery reaffirmed its commitment to market stability and the uninterrupted nationwide supply of petrol.
“During the recent festive period, the Refinery implemented a deliberate and temporary price support intervention to cushion Nigerians at a time of heightened household spending,” it said.
“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.”
Despite the earlier price reduction, the refinery accused “many filling stations” of failing to reflect the adjusted prices at the pump, thereby denying Nigerians the full benefits of the slash.
“As a domestic producer, Dangote Petroleum Refinery continues to shield the Nigerian market from import-related volatility and external supply disruptions, while remaining a stabilising force in the downstream petroleum sector,” the statement added.
The refinery reiterated its commitment to providing energy security, price stability, and long-term value for Nigerians.
Speaking on the development, the Chief Executive Officer, David Bird, said the refinery is currently supplying about 50 million litres of petrol daily to the domestic market, with nationwide distribution running smoothly.
He explained that the refinery’s flexible design allows it to process different types of crude and intermediate feedstocks, ensuring stable and uninterrupted petrol supply even during scheduled maintenance.
