Dangote Refinery Cuts Petrol Price by N100 to N1,075 Per Litre

Date: 2026-03-11

The Dangote Refinery has reduced its petrol gantry price by N100, cutting it from N1,175 to N1,075 per litre, in response to the outcry that has trailed the increase in prices from below N1,000.

The move by the oil firm followed a slump in global oil prices, with Brent crude dropping to $89 per barrel from over $100.

The drop in fuel, diesel and other product prices was disclosed on Tuesday to newsmen as motorists raised concern over the Dangote refinery's increase in prices.

Officials of the refinery confirmed the development to our correspondent, adding that diesel prices have also been reduced.

They stated that petrol supplied via coastal distribution channels will now sell for N1,050 per litre, reflecting a slight differential for marine logistics.

Similarly, diesel is now N1,430 per litre at the gantry, representing a N190 reduction from the earlier price of N1,620 per litre.

Brent crude prices, according to reports, witnessed a dramatic reversal on Tuesday, plunging nearly 27 per cent from the previous day's high of $119 per barrel to as low as $87 per barrel.

The Dangote Refinery reportedly blamed global crude volatility for the repeated price hikes, citing tensions arising from the US-Iran conflict.

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Okoolowo     Saka Asiat Ayinke     Lanwa     Alao Ayotunde     Lasiele Alabi Yahaya     Minister     Rachael Obisesan     Sabi     Col. Taiwo     Gaa Olobi     Ahmed Idris Mohammed     Boko Haram     Oluwole Dupe     Ronke Adeyemi     Babata     Gobirawa     Bolakale Saka     Yakubu Gobir     Mustapha Olanipekun     Prince Mahe Abdulkadir     Maigida     Government House     Colleges Of Education Academic Staff Union     Ilorin Likeminds Foundation     Shao     Muftau Akanbi Oke     MMWG     Local Government Pension Board     Young Progressives Party     Owu Fall     Kumbi Titilope     Abdulkadri Ahmad Alaiye     March 28     Abdulwahab Oba     Mohammed Lawal     Abdullahi Samari     Clara Nwachukwu     Henry Makinwa     Abatemi Usman     Kwara 2015     Lucky Omoluwa     Monsurat Omotosho     Mohammed Haruna     Segun Olawoyin     Bashir Badawi     Wahab Femi Agbaje     Lanre Aremu     Idofin     Lawan     Kwara 2019     Ibrahim Abduquadri Abikan     Ambassador Kayode Laro     Maigidasanma     Abdulrahman Abdulrazaq     Stephen Fasakin     Sidikat Uthman Ajibola     Ahmed Bayero     Mahmud Ayinla Giwa     Okala Baba     Chartered Institute Of Personnel Management Of Nigeria     Tsado Manman     Folaranmi Aro     Kwara State Sports Commission     FERMA     Paul Olawoore     Folashade Omoniyi     Valsolar Consultoria     Gobir Organization Foundation     Alloy Chukwuemeka     Alabere     Aso-ofi     Hikmah AbdulKareem     Kwabes     Ayo Opadokun     Ekiti     Kwara Central     Muhammad-Mustapha Suleiman    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Aisha Ahman-Pategi     Michael Nzekwe     Odo-Owa     Kayode Oyin-Zubair     Societe Generale Bank Of Nigeria     General Tunde Idiagbon International Airport Ilorin     Justina Oha     NIRSAL     Turaki Of Ilorin     Isiaq Khadeejah     Yahaya Jibril Usman     Communication Network Support Services     Saudat Abdulbaqi     Yahaya Oloriegbe     Emmanuel Bello     Mahe Abdulkadir     Ibrahim Abdulkadir Abikan     Kwara Poly     Ahmed     Balikis Jawondo     Jamila Bio Ibrahim     Musa Ayinla Yeketi     Azeez Bello     Ilorin East/South Federal Constituency     Adeniyi Ojo     Aliyu Adebayo     Modupe Oluwole     Shettima     Ilorin Durbar     Buari Edun     Kwara Central     Sheikh Ariyibi     Aminu Ado Bayero     UNILORIN Alumni     Shero     Wahab Kunle Shittu     Elekoyangan     Kulende     Nigeria Association Of Women Journalists     Yaru     Fatimoh Lawal     Biliaminu Aliu     Undergraduate Bursary     Raliat AbdulRazaq     Abdullahi Saadudeen Alikinla     Okanlawon Musa     Dan Masanin     Yusuf Lanre Badmas     Mansurat Amuda-Kannike     AbdulKareem Yusuf Danhawa     Segun Abifarin     Kwara TV     Ibrahim Abikan     Saba Jibril     Abegunde Goke     Special Agro-Industrial Hub     KWIRS     Kwara North     Saad Omo\'ya     Hamidat Sulyman-Yusuf     Lanre Olosunde     Ilorin.Info     Wahab Femi Agbaje     Alumni Association Of The Federal Polytechnic Offa     Toyosi Thomas     Kwara 2019     Nigeria Foundation For Artificial Intelligence     Sheikh Ridhwanullah     Budo-Egba     Abubakar Olusola Saraki     Omoniyi M. Ayinla     Ilorin Talaka Parapo     Hussein Oloyede     Road Transport Employers Association Of Nigeria     Offa Metropolitan Club     Alfa Belgore     Hijaab