Dangote Petroleum Sets New Petrol Pump Price at ₦739 per Litre
Atume Terfa
Nigeria’s fuel market is set for a potential shake-up as Dangote Petroleum Refinery announces plans to sell petrol at ₦739 per litre at selected filling stations, signalling a major step toward easing the country’s long-standing fuel price pressures.
Industry sources have revealed that the new retail price, coordinated with distributors including MRS Oil Nigeria Plc and other partners, will take effect on Tuesday, December 16, 2025. The move follows a reduction in the refinery’s ex-depot gantry price to around ₦699 per litre, reflecting a strategic effort to pass cost savings directly to consumers.
The announcement comes at a time when fuel prices in parts of Nigeria have soared above ₦900 per litre, and it represents one of Dangote Petroleum’s clearest efforts yet to make energy costs more affordable for ordinary motorists.
With the festive season driving high fuel demand, analysts expect the pricing strategy to influence the wider downstream sector, prompting other marketers to adjust their pump prices in response to increased competition and improved distribution efficiency.
Historically, some filling stations have set higher rates due to logistics and distribution costs, but Dangote Petroleum’s pricing plan aims to make fuel more accessible, particularly in urban hubs like Lagos and the South West, where transportation expenses heavily impact household budgets.
Experts say the adjustment also underscores evolving dynamics in Nigeria’s deregulated fuel market, where local refining capacity, such as Dangote’s 650,000 barrels per day facility, is expected to reduce dependence on imports and stabilise prices over time.
The success of this pricing initiative will depend on compliance by independent marketers and the efficiency of distribution networks. If widely adopted, the ₦739 per litre benchmark could offer much-needed relief for drivers and businesses navigating Nigeria’s fluctuating energy landscape.
