Dangote Refinery Silently Raises Petrol Price to ₦950 per Litre Across Nigeria
By Naija Enquirer Staff
Petrol prices have quietly increased to ₦950 per litre at MRS filling stations in Abuja, following a recent price adjustment linked to supply shortages from Dangote Refinery.
The price hike comes despite the refinery’s 650,000-barrel-per-day capacity, the ongoing Compressed Natural Gas (CNG) truck distribution initiative, and the Naira for Crude agreement between the refinery and the Nigerian government.
Sharp Price Increase Across MRS and Other Partners
As of Tuesday, October 14, 2025, MRS stations in Abuja—owned by Sayyu Dantata, half-brother to Aliko Dangote—sold petrol at ₦851 per litre at outlets in Kubwa and along the Lugbe Expressway. However, by Wednesday, prices surged by ₦100 to ₦950 per litre.
The same price increase was recorded at other Dangote Refinery retail partners, including Ardova and Optima.
“We had no choice. The ₦950 per litre we currently dispense is only slightly above the amount Dangote Refinery now charges us. It is no longer ₦850 per litre. The price has also gone up in Lagos and other cities,” a manager at MRS told DAILY POST anonymously.
Refinery Yet to Comment
As of press time, Dangote Refinery had not issued any official statement regarding the nationwide petrol price increase. This development contradicts earlier assurances by the company that its distribution strategy would lead to lower fuel prices for Nigerians.
Industry experts revealed that the refinery recently halted gantry petrol loading, focusing instead on its last-mile distribution scheme due to a temporary production shortfall.
National Impact and Supply Disruptions
The increase comes barely two days after the Nigerian National Petroleum Company Limited (NNPCL) and other major filling stations also raised petrol prices to ₦955 per litre—up from ₦905–₦920—in Abuja and neighboring areas.
Reports indicate that supply disruptions from Dangote Refinery forced depot owners, including Ranoil, Matrix, AA Rano, and AYM Shafa, to increase ex-depot prices to between ₦885 and ₦897 per litre in Lagos and Warri as of Tuesday.
Consequently, petrol now sells nationwide for between ₦950 and ₦990 per litre, depending on location—further tightening the grip of rising energy costs on households and businesses across Nigeria.