Dangote Refinery slashes petrol price by N75, sells at N1,175/litre

Nigerians may soon begin to enjoy some relief from high fuel costs following a significant reduction in petrol prices by Dangote Petroleum Refinery.
The refinery announced a N75 per litre reduction in its ex-depot, or gantry, price of Premium Motor Spirit (PMS), bringing the price down from N1,250 to N1,175 per litre effective from midnight on Monday, June 15, 2026.
The development marks the first major downward review in petrol pricing in several months and signals a possible easing of pressure on consumers who have grappled with soaring transportation and living costs amid persistently high fuel prices.
The latest adjustment effectively brings an end to the period when petrol sol...