ECONOMY
Dangote refinery slashes petrol price again
Dangote Petroleum Refinery and Petrochemicals has again reduced the cost of petrol to N835 per liter.
This is the second time this April, 2025, that Dangote will be reducing its petrol price.
The Refinery informed its customers and markets of the latest development on Wednesday, April 16, 2025.
The new price is inclusive of charges by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
PMS at the gantry will now sell for N835 per litre, inclusive of NMDPRA statutory levies, while coastal sales remain on hold. The diesel gantry price is set at $608 plus a $70 surcharge, payable either in naira at N1,650/$ or in USD.
Coastal sales are also on hold. Jet fuel will be sold at $664.75 with a $42 gantry surcharge and a $22 coastal surcharge. Prices for cooking gas at both gantry and coastal points are currently on hold.
Dangote Refinery’s price reduction is coming after a meeting between representatives of the Dangote Refinery and the Minister of Finance, Wale Edun, last week.
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