Dangote Refinery Cuts Diesel Price Amid UK Surge

Diesel prices in the United Kingdom have reached a record high, surpassing £2 per litre for the first time, with an average price of 200.01 pence reported on October 2, 2026. This increase follows a previous record of 199.09 pence set in June 2022.

The RAC's head of policy, Simon Williams, indicated that the upward trend in diesel prices shows no signs of slowing, which could further strain British households and businesses reliant on diesel vehicles. In contrast, Dangote Petroleum Refinery in Nigeria has reduced its wholesale diesel price from ₦1,850 to ₦1,780 per litre, effective October 1, 2026, marking a reduction of approximately 3.8%.

This adjustment may ease costs for Nigerian businesses using diesel generators and trucks, as the lower price could translate to significant savings on fuel purchases. However, actual prices at filling stations may vary based on location and other factors.