Dangote Petroleum Refinery has once again lowered its petrol gantry price, reducing the ex-depot rate from N828 to N699 per litre. According to real-time data on Petroleumprice.ng, this marks a N129 per litre cut , a 15.58 per cent reduction and comes into effect from December 11, 2025.
An official at the refinery, speaking on condition of anonymity, confirmed the adjustment, noting that this is the 20th petrol price revision announced by the refinery this year. The latest reduction follows remarks by the refinery’s Chairman, Aliko Dangote, who on December 6 assured that domestic fuel prices would remain “reasonable and competitive” despite global market fluctuations and persistent smuggling along Nigeria’s borders.
Dangote highlighted that as the refinery ramps up production, prices will continue to fall, enabling it to compete with imported products. He noted that while smuggling has decreased, the price difference with neighboring countries, where fuel costs roughly 55 per cent more, continues to encourage some illicit trade.
“Petroleum products, including diesel and petrol, will continue to be sold at very reasonable prices,” Dangote said, adding that the refinery is focused on long-term growth rather than short-term profit recovery from its $20 billion investment.
The price adjustment at Dangote Petroleum also influenced other private depots. Petroleumprice.ng reported modest reductions at several facilities: Sigmund Depot lowered its ex-depot price by N4 to N824 per litre, Bulk Strategic by N3, and TechnoOil saw one of the sharpest drops with a N15 cut. Other depots, including A.A. Rano, NIPCO, and Aiteo, also adjusted their rates slightly, reflecting the market’s alignment with Dangote’s new pricing strategy.
