Dangote Petroleum Refinery has ended the sale of Premium Motor Spirit (petrol) in naira and officially switched to dollar-denominated transactions, introducing a new pricing template for petroleum products.
Under the new pricing structure, which took effect on Monday, the refinery fixed the ex-depot price of petrol at $0.779 per litre, while Automotive Gas Oil (diesel) will sell for $1.087 per litre and Aviation Turbine Kerosene for $0.942 per litre.
Coastal deliveries of petrol have also been priced at $1,044.62 per metric tonne.
The move brings an end to naira payments for refined petroleum products, which began after the Federal Government introduced the naira-for-crude arrangement on October 1, 2024.
In a notice sent to petroleum marketers and customers, the refinery announced that all previously issued naira-denominated Proforma Invoices and Deal Recaps for gantry and coastal transactions were no longer valid.
“Following our email on the 9th of July, 2026, regarding the transition from Naira to
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