Dangote Petroleum Refinery has increased the gantry price of Premium Motor Spirit (PMS) from ₦699 per litre to ₦799 per litre.
Following the adjustment, the refinery said petrol will now sell at ₦839 per litre at MRS filling stations nationwide.
In a statement issued on Monday evening, the refinery said the price review followed the end of the festive period and was aimed at restoring sustainability in the downstream market.
“With the festive period concluded, PMS prices have been modestly realigned to sustainable levels to support long-term market stability and affordability. Under the current alignment, the PMS gantry price is ₦799 per litre, while MRS retail outlets are selling at ₦839 per litre,” the statement said.
The refinery reaffirmed its commitment to market stability and uninterrupted nationwide supply of petrol.
It recalled that during the recent festive season, it implemented a temporary price support intervention to cushion Nigerians amid increased household spending.
According to the refinery, this marked the second consecutive festive period in which it absorbed high costs in the national interest, including logistics support in 2024 and a price reduction in 2025 to promote affordability and market calm.
The statement noted that despite the price reduction, many filling stations failed to reflect the adjusted price at the pump, denying consumers the expected relief.
Chief Executive Officer of Dangote Petroleum Refinery, David Bird, said the company continues to supply the domestic market with about 50 million litres of PMS daily, adding that nationwide evacuation and distribution are operating normally.
Bird said the refinery’s design flexibility allows it to process a wide range of crude and intermediate feedstocks, ensuring uninterrupted PMS supply even during planned maintenance.
He added that the refinery’s operations help shield the Nigerian market from import-related volatility and external supply disruptions.
“Dangote Petroleum Refinery remains focused on delivering energy security, price stability and long-term value for Nigerians,” the statement concluded.
