While importers and marketers debate the price changes, many Nigerians are taking advantage of the lower prices. Consumers have been patronizing Dangote partner stations, which offer cheaper petrol.
- Dangote refinery reduced the ex-depot price of petrol from N890 to N825 per litre.
- The price reduction is intended to ease the financial burden on Nigerians.
- Petrol importers have raised concerns about potential financial losses due to the price cut.
Earlier this week, Dangote refinery reduced the ex-depot price of premium motor spirit (petrol) for the second time in February, bringing it down from N890 to N825 per litre. This N65 per litre reduction follows an earlier N60 per litre cut on February 1.
According to the company, “This strategic price adjustment is intended to ease the financial burden on Nigerians, particularly in anticipation of the Ramadan season, while also supporting President Bola Ahmed Tinubu’s economic recovery initiatives.“
Since beginning production in 2024, the Dangote refinery has played a huge role in addressing fuel scarcity in Africa’s most populous country.
Despite the price cut being welcomed by consumers, petrol importers have raised concerns about potential financial losses. They recently stated that they may lose an average of N2.5bn daily and N75bn monthly following the latest PMS price reduction.
While importers and marketers debate the price changes, many Nigerians are taking advantage of the lower prices. Consumers have been patronizing Dangote partner stations, which offer cheaper petrol. Below are the fuel stations where you can buy Dangote fuel:
MRS
MRS is a major energy company in Nigeria, managing a vast network of fuel stations across the country. At MRS stations, Dangote petrol is available at N860 per litre in Lagos, N870 in the South-West, N880 per litre in the North, and N890 per litre in the South-South and South-East.
AP (Ardova Petroleum)
Ardova Plc, formerly Forte Oil Plc, is a leading indigenous player in Nigeria’s downstream oil, gas, and integrated energy sector. With a network of over 450 fuel stations, Dangote petrol will be available at N865 per litre in Lagos, N875 in the South-West, N885 per litre in the North, and N895 per litre in the South-South and South-East.
Heyden Petroleum
Heyden Petroleum is a growing force in Nigeria’s downstream oil and gas sector, with over 50 operational retail outlets nationwide. As a distributor of Dangote petrol, Heyden stations offer fuel at N865 per litre in Lagos, N875 in the South-West, N885 per litre in the North, and N895 per litre in the South-South and South-East. Committed to reliability and affordability,
