The Dangote Petroleum Refinery on Monday, increased its ex-gantry price for Premium Motor Spirit (petrol) from N699 to N799 per litre.
They also confirmed that MRS filling stations will now sell at N839 per litre.
“With the festive period concluded, PMS prices have been modestly realigned to sustainable levels to support long-term market stability and affordability. Under the current alignment, the PMS gantry price is N799 per litre, while MRS retail outlets are selling at N839 per litre,” a statement read.
The refinery reaffirms its commitment to market stability and an uninterrupted nationwide supply of Premium Motor Spirit.
It recalled that during the recent festive period, the refinery implemented a deliberate and temporary price support intervention to cushion Nigerians at a time of heightened household spending.
According to the statement, this marked the second consecutive festive season in which the refinery absorbed high costs in the national interest, including logistics support in 2024 and a price reduction in 2025 to promote affordability and market calm.
“Despite the price reduction, many filling stations failed to reflect the new price at the pump, thereby denying Nigerians the benefits of the reduction.
“With the festive period concluded, PMS prices have been modestly realigned to sustainable levels to support long-term market stability and affordability. Under the current alignment, the PMS gantry price is N799 per litre, while MRS retail outlets are selling at N839 per litre,” the statement added.
