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Petrol loading prices at private Lagos depots rose by N200 per litre within a week of Dangote Refinery ending naira-based salesDangote Refinery set new dollar prices on July 13, 2026, invalidating all previously issued naira invoices and deal recapsLoading activities at Dangote Refinery have been suspended for six consecutive days, tightening domestic supply further

Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.

Nigeria’s downstream petroleum market has witnessed its steepest weekly price increase in months, with petrol loading prices at private depots surging by ₦200 per litre following Dangote Petroleum Refinery’s transition from naira-based sales to a dollar-denominated pricing model.

Checks by Petroleumprice.ng showed that petrol, which sold for an average of ₦1,075 per litre across major Lagos depots on July 13, is now loading at approximately ₦1,275 per litre.

Nigerians groan as petrol prices jump by N200 in one week. Credit: