Despite Dangote Refinery reducing petrol to ₦739–₦740 per litre, many filling stations in Lagos, Oyo, Delta, and Enugu continue selling at ₦830–₦900. Abuja outlets have complied, while IPMAN urges members to buy from Dangote for lower prices
Dangote Refinery Lowers Petrol to ₦739/Litre—But Most Filling Stations Nationwide Yet to Adjust Prices
Despite Dangote Petroleum Refinery reducing the ex-depot price of Premium Motor Spirit (PMS) to ₦739–₦740 per litre, many retail outlets across the country are still selling petrol at significantly higher rates, ranging from ₦820 to ₦900 per litre.
A Sunday report by The Nation revealed that in Lagos and surrounding areas, several MRS filling stations continued charging ₦850 per litre—about ₦110 above the announced refinery price. Outlets in Alagbole (on the Lagos-Ogun border), Ekoro Road, and Abule Egba sold between ₦825 and ₦870.
Other major marketers such as Mobil, TotalEnergies, and ConOil were retailing petrol at ₦850–₦890 per litre. In Ojodu, a BOVAS station sold at ₦820, while the NNPC station at Berger charged ₦825.
An MRS attendant in Alagbole explained the delay: “Yes, we are still selling at ₦850 per litre today (yesterday) because we still have old stock. Once we take delivery of new stock at the new gantry price, then we will adjust our price to ₦750 per litre,” she said.
Similar high prices persisted in Oyo, Delta, and Enugu states, where petrol ranged from ₦830 to ₦900 per litre.
In contrast, filling stations in Abuja have largely complied with the reduction. Outlets including NNPC, Ardova, AA Rano, Bovas, and MRS were selling at ₦739 per litre—up to ₦70 cheaper than prices in other regions.
The price disparities come after Aliko Dangote, President of Dangote Group, assured Nigerians that MRS filling stations would retail petrol at the new ₦739–₦740 price point.
Meanwhile, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged its members nationwide to prioritize purchasing from Dangote Refinery, citing the refinery’s competitive pricing and upcoming free delivery nationwide starting January 2026.
IPMAN National President Abubakar Maigandi expressed optimism: “We are also excited at the recent agreement by the Dangote Refinery to begin the supply of PMS products directly to registered IPMAN members and its free delivery to our filling stations anywhere and everywhere in Nigeria which will commence in January 2026.
“This will again, certainly lead to further decrease in the pump price of the products at our filing stations. Therefore, I am calling on all IPMAN members nationwide to prioritise patronising the Dangote Refinery in their purchase of PMS products, as they already offer the best affordable price for all marketers today,” he said.
The varying retail prices highlight ongoing challenges in supply chain adjustments and stock turnover, even as Nigeria moves toward greater domestic refining capacity. Consumers continue to await wider compliance with the refinery’s lower ex-depot pricing. Read More
