US EditionNigerian Newspapers: 10 Things You Need to Know Saturday Morning
The price cut of 15.58% aims to reduce transport costs for holiday travel as Dangote plans further decreases with increased refinery output and competition.
- Dangote Petroleum Refinery cut its ex-depot petrol price from N828 to N699 per litre, a N125 reduction, with the change taking effect on December 11, 2025.
- After a December 6, 2025 meeting with President Bola Tinubu, Aliko Dangote, refinery chairman, said petrol prices would fall as output ramps up to ease transport costs ahead of Christmas for millions of Nigerians.
- Market trackers on Petroleumprice.ng reported several private depots, including Sigmund Depot, Bulk Strategic and TechnoOil, cut ex-depot rates following the refinery's price drop.
- Despite the cut, retail stations currently report fuel selling between N890 and N910 per litre and remaining above N950 in Northern Nigeria.
- Measured by the benchmark, the cut is a 15.58 per cent drop, pushing petrol below the N800 mark and marking the refinery's 20th petrol price adjustment this year.
24 Articles
24 Articles
Petrol To Sell Below N800 As Dangote Slashes Price By N125
The Dangote Petroleum Refinery has implemented another major cut in the price of petrol, reducing its ex-depot price from N828 to N699 per litre. This represents a N125 reduction that pushes petrol prices below the N800 mark for the first time in months. This was contained in the real-time figures published on Petroleumprice.ng on Friday. The reduction showed a 15.58 per cent drop in the refinery’s petrol benchmark price. It was learnt that the …
BREAKING: Dangote Refinery reduces fuel price massively
The Dangote Refinery has sharply reduced its ex-depot petrol price to gain a competitive advantage over the Nigerian National Petroleum Company Limited and other filling stations in Nigeria. Checks by DAILY POST on Petroleumpriceng on Friday morning showed that Dangote Refinery’s ex-depot price dropped to N699 per litre, down from N828 per litre. This represents a N129, or 15.58 per cent, reduction in petrol prices. The latest adjustment marks a…
Dangote Refinery Announces Petrol Price Slash to N699 Per Litre Nationwide - OloriSuperGal
The Dangote Refinery has announced a major reduction in the pump price of petrol, lowering it to N699 per litre across Nigeria. The update, which quickly circulated on Monday morning, has generated widespread reactions from Nigerians who have been dealing with persistent increases in the cost of fuel for more than a year. The price slash is one of the most significant adjustments seen since the refinery began operations. Many Nigerians welcomed …
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