Dangote Refinery Raises Petrol Price to 1,175 Naira

Dangote Refinery has announced a new petrol price of 1,175 naira per liter, marking the third upward adjustment within a week. This latest increase, which was communicated to market depot operators on Monday, translates to an 18.1% rise in ex-depot prices, following an earlier adjustment that raised the price to 995 naira per liter.

The refinery also adjusted the price of automotive gas oil (diesel) to 1,620 naira per liter. The recent price hikes come after a previous increase last week when the petrol price rose from 774 naira to 995 naira per liter.

These adjustments reflect ongoing changes in the pricing structure of petroleum products in Nigeria.