Dangote raises petrol gantry price 6.7% to N1,350/litre
Dangote Petroleum Refinery has raised its gantry price for Premium Motor Spirit (PMS), also known as petrol, by 6.7 per cent to N1,350 per litre from N1,265 per litre.
The increase takes effect September 12, 2026.
The refinery also raised its coastal price to N1,783,530 from N1,669,543, representing an increase of N113,987, or 6.8 per cent.
According to a memo sent to customers, Dangote refinery said: “Dear valued customer, please find below the revised DPRP PMS gantry and coastal price which is effective 12th September 2026.”
The refinery also directed customers with existing loading arrangements to return their Automated Truck Certificates, ATCs, for repricing.
It said: “You are advised to return all ATCs for repricing and a new volume contract will be issued for immediate loading resumption.”
The increase comes amid renewed volatility in the international crude oil market, with Brent crude recently trading above $100 per barrel.
Nigeria’s downstream petroleum market operates under deregulation, with petrol prices influenced by crude oil costs, refining expenses, foreign exchange, logistics and market forces.
The development is expected to trigger reviews by marketers, although the extent of any adjustment at filling stations will depend on transportation, distribution costs, competition and prevailing market conditions.
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