Dangote Refinery reduces fuel price after massive drop in imported petrol rates

5 hours ago 1

Dangote Refinery has reduced its gantry price of Premium Motor Spirit after a significant drop in the landing cost of imported petrol in Nigeria.

Checks by DAILY POST on Friday showed that the refinery reduced its ex-depot petrol price to N827 per litre, down from N872.

This means that the refinery dropped its fuel price by N44.

The firm has officially confirmed the downward adjustment as of the time of this report.

The price reduction comes after the landing cost of imported petrol recorded consistent drops in the last few days.

DAILY POST reports that the landing cost of petrol dropped to N827.04 as of November 2025, according to the data from the Major Energy Marketers Association of Nigeria.

The development had pushed retail prices of fuel down in parts of Abuja.

Consequently, the Refinery claimed it has reviewed its petrol price to compete in the country’s downstream sector.

It is expected that Dangote Refinery’s retail partners; MRS, AP Ardova and other filling stations, would reduce their petrol price below N950 per litre in the coming days.

Dangote Refinery reduces fuel price after massive drop in imported petrol rates

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