Petrol retailers cut prices below Dangote’s recommended rate
Some petrol stations in Nigeria are selling fuel below the N739 per litre suggested by the Dangote Petroleum Refinery. Aliko Dangote and his refinery had previously reduced their petrol prices to remain competitive, but rival outlets have now gone even lower to attract more customers. The ongoing price competition has led to a shift in consumer behavior, with motorists flocking to stations offering the cheapest rates. The Dangote refinery and other stakeholders have introduced new measures to improve market efficiency and support smaller operators.
TLDR
- Some filling stations now sell petrol for less than the N739 per litre recommended by the Dangote refinery, with prices as low as N735 per litre observed.
- Aliko Dangote and his refinery had earlier reduced the gantry price of petrol from N828 to N699 per litre and set a target retail price of N739 per litre.
- The Dangote refinery began supplying under a marketers’ arrangement in October 2025, increasing volumes to 1.5 billion litres by December.
- Since December 16, 2025, the refinery has loaded between 31 million and 48 million litres of petrol daily, according to official records.
- The refinery has reduced minimum purchase volumes and introduced a 10-day credit facility to support smaller operators and promote competitive pricing.
