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Dangote Refinery reconfirms N699 petrol price, woos marketers

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Dangote Refinery has stated that their fuel gantry pricing will remain at N699 per litre.

The corporation announced this in a notice on its X account on Thursday, emphasizing that the product is ready for pickup by gasoline marketers.

This comes as the retail price of petrol has plummeted to between N739 and N912 per litre in Abuja filling stations.

Remember that last Thursday, the 650,000 barrel-per-day refinery lowered its gantry gasoline price by N129, from N828 to N699 a litre.

The refinery’s move resulted in a price drop for private depot owners of at least N703 per litre and up to N800.

Abubakar Maigandi, President of the Independent Petroleum Marketers Association of Nigeria, issued a statement on Thursday urging members to support Dangote Refinery.

“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,” he stated.

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Jonathan Nwokpor

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