The landing cost of imported petrol in Nigeria fell to N839.97 per litre on October 21, 2025, according to the latest energy prices bulletin from the Major Energy Marketers Association of Nigeria. This figure is lower than the price set by Dangote Refinery, which remains at N877 per litre. The decline follows a previous landing cost of N841.54 recorded on October 20, 2025, and industry experts attribute the change to the price competitiveness that a deregulated downstream sector brings.
Chinedu Ukadike, spokesperson for the Independent Petroleum Marketers Association, confirmed the trend, noting that marketers are choosing cheaper petrol to offer more affordable prices to consumers. He explained that the sector’s liberalisation has sparked a price war, giving marketers the option to purchase petrol at either N877 per litre from Dangote Refinery or N839 per litre from other sources. This competition could lead to lower retail prices nationwide.
A review of recent ex‑depot prices shows that major marketers such as Emedab, Gulf Treasure, Ardova, and Bono are selling petrol at N875 per litre, while Dangote Refinery’s price stays at N877 per litre. However, retail outlets in Abuja—including NNPC, MRS, Ranoil, Total, and Emedab—are currently dispensing petrol at prices ranging from N950 to N965 per litre.
The drop in landing cost may have significant implications for the Nigerian market, potentially lowering retail prices and intensifying competition among marketers. As the downstream sector continues to navigate its challenges, stakeholders will closely monitor the impact of this development on the overall energy landscape. With liberalisation fueling a price war, consumers may soon benefit from more affordable fuel.
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