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Dangote Petroleum Refinery and Petrochemicals has lowered its petrol gantry price to N1,200 per litre and its coastal price to N1,153 per litre.

The company revealed this in a statement from its spokesperson Anthony Chijiena on Thursday.

The refinery, which has a capacity of 650,000 daily, reduced its petrol price from N1,285 to N1,200 per liter, marking a decrease of N85.

Amid ongoing tensions in the Middle East, the latest drop in fuel prices follows at least five petrol price increases implemented by the Dangote Refinery since March 2026.

This adjustment signifies a downward revision of the refinery’s pricing structure and is anticipated to affect fuel supply costs across distribution channels, such as depots and retail outlets.

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