The Dangote Petroleum Refinery has once again implemented a significant reduction in its petrol gantry price, cutting it from N828 to N699 per litre. This represents a substantial decrease of approximately 16 per cent, or N129 per litre, of Premium Motor Spirit (PMS). Data from Petroleumprice.ng indicates that this new pricing adjustment took effect on December 11 or 12, 2025, marking roughly the 20th petrol price modification announced by the refinery within the current year alone.

Nigerians have expressed considerable optimism that this reduction in the ex-depot price will lead to corresponding cuts in fuel prices at retail pumps. This latest move by the Dangote Refinery is consistent with its ongoing strategy to compete vigorously with major product importers. Aliko Dangote, founder and president/chief executive of the Dangote Group, has previously affirmed the refinery’s capacity to supply sufficient petrol to meet Nigeria's daily consumption of around 50 million litres. He also reiterated his commitment to maintaining