The Dangote Refinery has increased the gantry price of petrol to ₦1,175 per litre and diesel to ₦1,620 per litre, marking another adjustment in fuel pricing from the refinery.
Industry sources say the revised prices will apply to petroleum marketers lifting products directly from the refinery.
New Approved Loading List
The refinery has also released a new loading list featuring 20 marketers approved to lift petroleum products. The companies include:
- Heyden
- Integrated
- Techno
- Fatgbems
- NIPCO Plc
- AA Rano
- Conoil Plc
- AYM Shafa
- Northwest
- Ardova Plc
- NNPC Retail Limited
- Masters Energy
- Nepal Energies
- Sobaz
- Optima
- Bovas
- Soroman
- MRS Oil Nigeria Plc
- TotalEnergies
- Rainoil Limited / Eterna Plc
Possible Market Impact
Analysts say the adjustment could influence retail pump prices across Nigeria, depending on distribution costs and pricing strategies adopted by marketers.
The Dangote Refinery, Africa’s largest refinery, has increasingly become a major supplier of refined petroleum products to the Nigerian market since commencing large-scale operations.
Market watchers are now monitoring how the new gantry prices will affect petrol pump prices nationwide.
𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!
