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Dangote Refinery’s petrol price remained below the estimated import parity price despite stable crude oil pricesThe latest MEMAN data showed mixed pricing trends for petrol, diesel and aviation fuel across Nigeria’s major depotsThe competition between local refiners and fuel importers is expected to continue influencing pump prices across the country
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 Refinery held its petrol price below the estimated cost of bringing the product into Nigeria, according to the latest energy market data published by the Major Energies Marketers Association of Nigeria (MEMAN) on Thursday, July 10, 2026.
MEMAN’s Energy Bulletin placed the import parity price for Premium Motor Spirit (PMS) at N1,095.15 per litre. Dangote Refinery’s coastal and gantry price stood at N1,075 per litre, leaving locally refined petrol approximately N20 per litre cheaper than the estimated
