Dangote Raises Diesel Price by N100 Effective September 2026
Dangote Petroleum Refinery has announced a price increase for Automotive Gas Oil (AGO), commonly known as diesel, raising the gantry price from N1,750 to N1,850 per litre, effective from midnight on September 4, 2026. This adjustment represents a 5.7% increase and is the second price hike in quick succession, following a previous increase from N1,670 to N1,750 per litre, totaling an increase of N180 per litre across both adjustments.
The price changes occur amid rising international crude oil prices, with Brent crude trading at $97.29 per barrel as of September 3, 2026. The refinery has also adjusted the pump-out price for Premium Motor Spirit (PMS) from N1,200 to N1,265 per litre, effective August 29, 2026.
These price revisions are expected to impact depot operators and marketers, with potential effects on retail prices depending on various market factors.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
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