Find out more as fuel price drop at filling stations as Dangote reduce rates

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Filling stations have made adjustments to petrol pump prices as depots and Dangote reduce pricesDepots across Lagos and other key supply hubs lowered ex-depot prices to an average range of N1,250Lagos, Warri and Port Harcourt depots, holding above N1,280 per litre despite improved petrol supply conditions

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.

Filling stations across Nigeria have begun slashing the prices of Premium Motor Spirit (petrol), following a further reduction in gantry prices by the Dangote Petroleum Refinery.

The move by Dangote has already sent a ripple of downward price adjustments through the country’s depots and retail outlets.

Petrol price relief spreads gradually across Nigerian cities Photo: Nurphoto
Source: Getty Images

An early market survey revealed filling stations like Sunset Energy and Emedab in Abuja, adjusted prices to N1,345 and N1,360 per litre from N1,450 and N1,365