Dangote Refinery denies increase in ex-depot price of petrol

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Dangote refinery

Dangote refinery


 

Dangote Petroleum Refinery and Petrochemicals Limited has denied claims that it increased the gantry price of petrol.

The company, in a statement on Wednesday, made this known in reaction to the reports alleging that the refinery had increased its ex-depot price by N75, from N1,275 per litre to N1,350 per litre.

In its statement, the company said the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, remains unchanged.

“The refinery, by sustaining its current prices, is reaffirming its commitment to supporting stability in the domestic energy market and cushioning the wider economy against external shocks.

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“By absorbing prevailing cost pressures, the refinery continues to help moderate inflationary risks, promote energy affordability, and ensure uninterrupted supply amid ongoing global uncertainties.

“Dangote Refinery reaffirmed its dedication to the steady supply of high‑quality petroleum products to the Nigerian market, while supporting national objectives of price stability and energy security,” the statement said.

The company urged the public to rely solely on official statements from Dangote Petroleum Refinery and Petrochemicals Limited for accurate, up-to-date information on its operations and pricing.

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