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Dangote Refinery Resumes Petrol Loading in Naira at ₦1,215/Litre

Dangote Petroleum Refinery has resumed gantry loading of Premium Motor Spirit (PMS) in naira. The new ex-depot price is set at ₦1,215 per litre, reflecting a ₦140 increase or 13% above the previous rate of ₦1,075 per litre. The one-week suspension that followed a brief shift to dollar pricing has ended, easing uncertainty in the downstream sector. The price adjustment mirrors a global crude oil rally, with Brent crude climbing to $93.90 per barrel and WTI rising to $86.65 per barrel. Marketers and consumers are already feeling the impact of higher ex-depot prices, sparking concerns over fresh pump price hikes at filling stations nationwide. Restoring naira-denominated truck loading is expected to improve supply after the disruptions caused by the temporary suspension.

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O
olivia

What do you think about Dangote's new petrol price at ₦1,215? Will this affect your daily budget or transport costs?

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M
mel

How might this ₦1,215 petrol price change local transport fares where you live?

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J
jude

A sudden 13% jump after only one week off seems disproportionate, especially if crude oil rates remained relatively stable.

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J
jaruma

I'm not convinced that all the extra cost is arbitrary. Local logistics and currency pressures could justify part of this increase.

0
J
jayjay

To minimize impact, track gantry loading days and top up your tank at the new ₦1,215 rate while it lasts.

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