Dangote Petroleum Refinery has cut its petrol gantry price from N828 to N699 per litre, a reduction of N129 (about 15.58%), effective 11 December 2025. Industry analysts say this move could influence retail fuel pricing nationwide.
An official at the refinery confirmed that this is the 20th price adjustment by Dangote Petroleum Refinery in 2025. The reduction follows remarks by Dangote Petroleum Refinery Chairman Aliko Dangote during a closed-door meeting with President Bola Tinubu on 6 December, where he reiterated the company’s commitment to competitive domestic fuel prices despite global volatility and ongoing smuggling challenges.
Dangote highlighted that petrol prices in Nigeria remain about 55% lower than neighboring countries and emphasized that the refinery’s operations, including petrol and diesel sales, are long-term investments, not aimed at rapid returns on the $20 billion project.
The latest price adjustment has triggered reactions among private depots. Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic reduced by N3, and TechnoOil implemented a sharper N15 reduction. Other depots, including A.A. Rano, NIPCO, and Aiteo, made marginal adjustments following the Dangote pricing update.
This move is expected to bring relief to motorists and potentially stabilize fuel prices across the country.
