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Dangote Refinery has reduced its petrol gantry price by N75 per litre, a move widely linked to easing geopolitical tensionsThe new price means the refinery is now selling Premium Motor Spirit at N1,175 per litre, below major depotsGlobal crude oil movements and Middle East stability are increasingly shaping petrol pricing in Nigeria
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Dangote Petroleum Refinery has reduced its ex-gantry petrol price to N1,175 per litre, representing a N75 reduction from N1,250 per litre, in a move widely expected by fuel marketers following recent declines in international crude oil prices.
The new price takes effect at 12:00 a.m. on June 16, 2026, and the refinery also directs that all outstanding unloaded gantry volumes be repriced at the updated rate effective from that date.
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