The Dangote Petroleum Refinery has once again reduced its petrol gantry price, lowering the ex-depot rate from ₦828 to ₦699 per litre.
Real-time data from Petroleumprice.ng on Friday showed a major downward adjustment — a ₦129 per litre cut, representing 15.58%.
A refinery official, who was not authorised to speak publicly, confirmed that the new price has taken effect.
This updated rate became effective on December 11, 2025, marking the 20th petrol price reduction announced by the refinery in 2025.
The latest review comes just days after the refinery’s chairman, Aliko Dangote, reiterated his commitment to keeping fuel prices “reasonable and competitive,” despite global volatility and continued, though reduced, smuggling along Nigeria’s borders.
Following a meeting with President Bola Tinubu on December 6, Dangote noted that petrol prices would keep dropping as the refinery boosts production
and competes directly with imported fuel.He stated:
> “Prices are going down because we must compete with imports. Smuggling has reduced but still exists since Nigerian prices are about 55% lower than those in neighbouring countries.”
Dangote also stressed that the refinery is a long-term project, adding that fuel products will continue to be sold at fair market prices.
Meanwhile, several private depots have adjusted their rates in response to Dangote’s new pricing template.
Petroleumprice.ng reported that:
Sigmund Depot cut its price by ₦4 to ₦824 per litre
Bulk Strategic reduced by ₦3
TechnoOil made a sharper drop of ₦15
Other depots like A.A. Rano, NIPCO, and Aiteo also made slight reductions
The nationwide fuel market continues to respond to the refinery’s influence on pricing.
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