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Dangote Petroleum Refinery cut its petrol gantry price to N1,165 per litre and diesel to N1,570 per litre on August 5Private depots in Lagos, Warri, Port Harcourt and Calabar followed with price reductions of their own during the weekDiesel prices recorded steeper drops than petrol at several Lagos depots, with some cuts reaching N100 per litre
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.
Petrol and diesel prices at fuel depots across Nigeria dropped during the week ending August 7, 2026, after the Dangote Petroleum Refinery reduced its ex-depot prices, prompting similar cuts from private marketers in four major coastal cities.
The Dangote refinery moved first on August 5, bringing its petrol gantry price down to N1,165 per litre from N1,215, and its diesel price to N1,570 per litre from N1,650.
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