As of May 6, 2026, the Dangote Petroleum Refinery has adjusted its petrol pricing upward.
The new ex-depot price for Premium Motor Spirit now stands at ₦1,350 per litre.
This represents an increase of ₦75 from the previous rate.
The prior price was set at ₦1,275 per litre.
The adjustment amounts to a 6% hike.
It took effect immediately on May 6, 2026.
This is the second price increase announced by the refinery within one week.
The earlier adjustment occurred on April 29, 2026.
At that time, the price was raised from ₦1,200 to ₦1,275 per litre.
The back-to-back hikes reflect shifting dynamics in fuel supply and cost structures.
Ex-depot price refers to the rate at which marketers purchase directly from the refinery.
It typically influences the final retail price at filling stations.
Industry analysts say the repeated increase may impact transportation and consumer costs.
Marketers are expected to adjust pump prices in response to the new rate.
The Dangote refinery remains a key supplier in Nigeria’s domestic fuel market.
Further changes will likely depend on crude oil prices and foreign exchange rates.
