Petrol Price Reduction
Dangote Refinery Update
Nigerian Fuel Costs
Dangote Petroleum Refinery & Petrochemicals has announced a second petrol price reduction this month, decreasing the ex-depot price by N65 from N890 to N825 per litre. This follows a N60 reduction on February 1, 2025, totaling a N125 decrease since January. The adjustment, effective February 27, aims to provide financial relief during Ramadan and support President Bola Ahmed Tinubu’s economic recovery efforts. Consumers in Lagos can now expect pump prices between N860 and N865 per litre. Dangote’s strategic partners, including MRS Holdings, AP (Ardova Petroleum), and Heyden, will offer these rates across their retail outlets nationwide. The refinery emphasizes its commitment to supplying high-quality petroleum products consistently throughout Nigeria.