We didn’t increase petrol price – Dangote Refinery

Dangote Refinery, on Wednesday, dismissed the report of the latest gantry fuel price hike.

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The 650,000-barrel-per-day refinery made this clarification in a statement released on its X account on Wednesday.

This comes amid reports that claimed the $20 billion refinery raised its price by N75 to 1350 per liter.

However, the refinery said its petrol price remained unchanged.

“Dangote Petroleum Refinery and Petrochemicals Limited has revealed that the price of Premium Motor Spirit (PMS) remains the same, stating that its ex-depot price remains unchanged,” Dangote Refinery stated.

DAILY POST reports that petrol price has continued to fluctuate owing to global crude price hikes, which stood at $95 and N101 per barrel on Wednesday.

In more than two months, retail petrol prices have nearly doubled to between N1,365 and N1,375 per liter from around N900 per liter in early February 2026.