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Private depot owners adjusted petrol and diesel prices across Nigeria as Brent crude averaged about $110 per barrel.MEMAN data showed depot petrol prices varied widely across Lagos, Warri, Port Harcourt, and Calabar on July 29.Dangote Refinery held its ex-depot petrol price at N1,215 per litre while Port Harcourt recorded the highest wholesale rates.
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.
Private depot operators across Nigeria have raised petrol and diesel prices following sustained pressure from higher international crude oil prices, even as Dangote Refinery kept its wholesale petrol rate unchanged.
Data from the Major Energies Marketers Association of Nigeria (MEMAN), released on Tuesday, July 29, 2026, showed petrol selling between N1,215 and N1,222 per litre at Lagos depots from the previous average price of N1,200.
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