Independent African news, markets, culture and politics.
Media Talk Africa Live rates
2 min read

Dangote Refinery Fuel Price Hits N950 Per Litre

Dangote Refinery’s retail petrol price has risen to N950 per litre at MRS filling stations in Abuja, despite the refinery’s […]

Media Talk Africa default story image

Dangote Refinery’s retail petrol price has risen to N950 per litre at MRS filling stations in Abuja, despite the refinery’s 650,000‑barrel‑per‑day capacity. The increase follows the nationwide Compressed Natural Gas truck distribution scheme and the Naira for Crude initiative between the oil firm and the Nigerian government.

On Tuesday, 14 October 2025, MRS stations in Abuja, owned by Sayyu Dantata, sold petrol at N851 per litre. By Wednesday, the price had jumped by N100 to N950 per litre. The same increase applies to other Dangote Refinery retail partners, such as Ardova and Optima. A manager at MRS, who spoke on condition of anonymity, blamed supply shortages, noting that the refinery’s wholesale price to marketers had risen in the last two days. “We had no choice. The N950 per litre we now dispense is only slightly above the amount Dangote Refinery now charges us,” the source said.

Dangote Refinery has not commented on the nationwide price hike, which contradicts its earlier assurance that the fuel distribution scheme would lower pump prices. Oil‑sector experts attribute the development to a production shortfall that has forced the refinery to halt gantry petrol loading in recent days, prioritising its last‑mile distribution scheme.

The federal government, through the Nigerian National Petroleum Company Limited, renewed its Naira for Crude deal with the refinery just weeks ago. However, the recent price increase has been linked to supply disruptions from Dangote Refinery, prompting depot owners to raise their ex‑depot prices. Consequently, Nigerians now pay between N950 and N990 per litre for petrol at retail outlets nationwide, depending on location.

The rise has significant implications for consumers already facing economic challenges and raises questions about the effectiveness of the Naira for Crude initiative and the refinery’s ability to meet the country’s fuel demand. As the situation unfolds, it remains to be seen how the government and the refinery will address the supply shortages and price hikes, and what measures will be taken to mitigate the impact on consumers.

Ifunanya

Unearthing the truth, one story at a time! Catch my reports on everything from politics to pop culture for Media Talk Africa. #StayInformed #MediaTalkAfrica

Comments are closed for this story.

Scroll to Top