Fuel Pricing Archives - Independent Digital News Network

Dangote Refinery Raises Petrol Price to ₦799 per Litre

Dangote Petroleum Refinery has increased the ex-depot price of Premium Motor Spirit to ₦799 per litre, reflecting ongoing adjustments in Nigeria’s downstream oil market. Industry sources say the price review is linked to crude oil input costs, exchange rate pressures and logistics, raising fresh concerns over pump prices, transport costs and broader inflationary effects across the economy.

Dangote Refinery Faces Backlash over Pricing, Monopoly Concerns from Marketers

IDNN8 months ago0

Tensions are rising in Nigeria’s downstream oil sector as independent marketers and stakeholders accuse the Dangote Refinery of restrictive pricing, port cost challenges, and monopolistic practices. Despite being Africa’s largest refinery, marketers say it’s currently cheaper to import from Lomé than load domestically. Industry groups are calling for regulatory intervention and open-market reforms.