Table of Contents
- Price Statement from Dangote Refinery
- Current Retail Prices of Petrol
- Recent Price Reduction
- Impact on Private Depot Owners
- Statement from IPMAN President
Dangote Refinery has confirmed that its petrol gantry price remains at N699 per litre.
The company announced this in a notice on its X account on Thursday, emphasizing that the product is available for collection by petroleum marketers.
This announcement comes as the retail price of petrol has decreased to between N739 and N912 per litre at filling stations in Abuja.
It is important to note that the 650,000 barrel-per-day refinery reduced its gantry petrol price by N129 last Thursday, lowering it from N828 to N699 per litre.
This decision by the refinery led to a price reduction among private depot owners, bringing prices down to at least N703 per litre and up to N800.
The President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, stated on Thursday that he encourages members to support Dangote Refinery.
“We are also pleased with the recent agreement made by the Dangote Refinery to start supplying PMS products directly to registered IPMAN members, along with free delivery to our filling stations across Nigeria, which will begin in January 2026,” he remarked.
What is the current gantry price of petrol at Dangote Refinery?
The current gantry price of petrol at Dangote Refinery is N699 per litre.
What are the current retail prices of petrol in Abuja?
The retail prices of petrol in Abuja range from N739 to N912 per litre.
When will the supply of PMS products directly to IPMAN members begin?
The supply of PMS products directly to registered IPMAN members is set to begin in January 2026.
Eze Chidiebere Paul
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