Dangote Petroleum Refinery has reduced the ex-depot price of petrol for the second time in a week, lowering it from ₦840 to ₦820 per litre. The refinery’s spokesperson, Tony Chiejina, confirmed the ₦20 reduction on Tuesday, July 8, 2025, continuing the company’s efforts to ease fuel costs for consumers.
The latest cut comes just days after a similar drop from ₦880 to ₦840 per litre on June 30. Filling stations such as MRS Oil & Gas, Ardova Plc, and Heyden — which have supply agreements with Dangote — are expected to adjust their pump prices accordingly, bringing further relief at the retail level.
The price adjustment follows a broader strategy by the refinery to dominate the domestic fuel market. On June 15, Dangote announced a national free distribution initiative for petrol and diesel, set to begin August 15, using 4,000 new CNG-powered tankers. A credit offer for bulk buyers — buy 500,000 litres, get 500,000 more on credit with a bank guarantee — is also part of the scheme.
However, the refinery’s aggressive expansion is drawing criticism. Independent depot owners and truck operators warn the move could choke smaller players out of the market, as Dangote’s direct-to-customer delivery threatens their margins and long-standing contracts with large corporations.
