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Dangote Refinery reconfirms N699 petrol price

by Present Nigeria
December 19, 2025
in Business
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First set of trucks start loading fuel at Dangote Refinery
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Dangote Refinery has reiterated that its petrol gantry price remains at N699 per litre.

The company made this known in a notice on its X account on Thursday, stressing that the product is available for pickup by petroleum marketers.

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

Recall that the 650,000 barrel-per-day refinery last Thursday reduced its gantry petrol price by N129, from N828 to N699 per litre.

The refinery’s move resulted in a price cut among private depot owners to at least N703 per litre and at most N800.

The President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, in a statement on Thursday, urged members to patronise 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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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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