Petrol Price Jumps to N955/Litre at Dangote Refinery

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The Dangote Petroleum Refinery has increased the price of petrol to N955 per litre. 

This change comes into effect today, January 17, 2025, starting at 5:30 PM.  

The new pricing applies to bulk buyers purchasing between 2 million and 4.99 million litres. 

For those buying 5 million litres or more, the price is slightly lower at N950 per litre.  

This marks a N55.5 increase from the discounted N899.50 per litre rate offered during December’s festive period. 

The refinery attributed the rise to higher global crude oil prices, which have impacted production costs.  

All pending orders and unsold stock will be subject to the revised rates.