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Home Economy And Business

BREAKING: Dangote Refinery Raises Petrol Price to ₦1,350/Litre After Fresh ₦75 Increase

The latest hike follows an earlier increase implemented on April 29, when the refinery raised the ex-depot price from ₦1,200 to ₦1,275 per litre.

by NewsOnline Nigeria
May 6, 2026
in Economy And Business, Headline
0
Dangote Refinery IPO

Dangote Refinery has raised petrol price to ₦1,350/litre after fresh ₦75 increase.

 

NewsOnline Nigeria reports that the Dangote Refinery has increased the ex-depot price of petrol by ₦75, pushing the cost to ₦1,350 per litre from the previous ₦1,275.

 

This marks the refinery’s first fuel price adjustment for the month of May and comes just seven days after a similar upward review.

ALSO: FG Urged To Revoke MTN Group, MultiChoice Licences Over Xenophobic Attacks

 

The latest hike follows an earlier increase implemented on April 29, when the refinery raised the ex-depot price from ₦1,200 to ₦1,275 per litre.

 

The back-to-back adjustments highlight ongoing price volatility in Nigeria’s downstream oil sector, with market watchers closely monitoring the impact on pump prices and overall cost of living.

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