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Dangote Refinery raises petrol to ₦1,175/litre amid global oil surge and Middle East tensions.
The Dangote Petroleum Refinery has raised the gantry price of petrol to ₦1,175 per litre, the third increase in seven days, following a surge in global crude oil prices due to Middle East tensions.
Diesel prices also rose to ₦1,620 per litre.
The refinery paused petrol loadings temporarily to update its pricing system, but confirmed operations remain unaffected.
Despite its 650,000 barrel-per-day capacity, the refinery continues to face challenges in stabilizing domestic fuel prices, with analysts warning of further inflationary pressure and consumer costs.
While the government controls crude supply pricing, industry leaders urge lower crude costs for the refinery to help reduce retail prices.
La refinería Dangote aumenta la gasolina a 1,175 / litro en medio del aumento global del petróleo y las tensiones en Oriente Medio.