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We Didn’t Increase Petrol Price – Dangote Refinery

Dangote Refinery, on Wednesday, dismissed the report of the latest gantry fuel price hike.

The 650,000-barrel-per-day refinery made this clarification in a statement released on its X account on Wednesday.

This comes amid reports that claimed the $20 billion refinery raised its price by N75 to 1350 per liter.

However, the refinery said its petrol price remained unchanged.

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“Dangote Petroleum Refinery and Petrochemicals Limited has revealed that the price of Premium Motor Spirit (PMS) remains the same, stating that its ex-depot price remains unchanged,” Dangote Refinery stated.

DAILY POST reports that petrol price has continued to fluctuate owing to global crude price hikes, which stood at $95 and N101 per barrel on Wednesday.

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In more than two months, retail petrol prices have nearly doubled to between N1,365 and N1,375 per liter from around N900 per liter in early February 2026.

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