Dangote Petroleum Refinery has announced a nationwide reduction in petrol prices, effective immediately. This latest adjustment sees pump prices drop by ₦15 per litre, with regional variations reflecting logistics and distribution costs.
New Petrol Prices by Region
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Lagos: ₦875 per litre
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South-West: ₦885 per litre
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North-West & North-Central: ₦895 per litre
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South-East, South-South & North-East: ₦905 per litre
These prices are applicable at all partner filling stations, including MRS, Ardova (AP), Heyden, Optima Energy, Techno Oil, and Hyde Energy.
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Background and Industry Impact
This marks the third price reduction by Dangote Refinery in recent months, following cumulative cuts of ₦125 in February and ₦45 in April 2025. The refinery attributes these reductions to its commitment to supporting the Nigerian economy and alleviating consumer burdens amidst fluctuating global crude oil prices.
However, the Independent Petroleum Marketers Association of Nigeria (IPMAN) suggests that these price cuts are also a strategic move to assert dominance in the competitive downstream petroleum market.
Despite the announced reductions, reports indicate that some independent marketers are offering petrol at prices below Dangote’s revised rates, particularly in Lagos and parts of the South-West.
Consumers are encouraged to report any non-compliance with the new pricing to Dangote Refinery’s dedicated hotlines to ensure transparency and adherence across all retail outlets.
