Petrol supply in Nigeria is set to improve markedly as new shipments arrive at the country’s major ports. Data from Petroleum Price show that several vessels carrying petrol and diesel have berthed at the Lagos and Port Harcourt terminals, boosting the availability of Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO). Between 10 and 11 November 2025, operators such as Techno Oil, Ardova, AA Rano and MOCoh maintained active berthing schedules, ensuring a steady flow of PMS and AGO. The vessels—OLUWAJUWONLO, LAUSU and SL AREMU—delivered more than 63,000 metric tons of petrol, while the GOLDEN JASMINE arrived at Port Harcourt with an additional 10,301 metric tons of AGO.
The consistent vessel traffic reflects effective coordination between private depots and the Dangote Refinery’s supply pipeline, enabling faster product turnaround and improved distribution efficiency despite exchange‑rate fluctuations and freight‑cost pressures. In a related development, the Dangote Petroleum Refinery has lowered the ex‑depot price of petrol by ₦49 per litre, from ₦877 to ₦828—a 5.6 % reduction and the refinery’s second major price adjustment in three months. This cut is expected to stabilise domestic supply and enhance the competitiveness of local refining, especially given the federal government’s 15 % import tariff on refined fuel.
The increased supply and reduced prices should benefit consumers and support Nigeria’s economic growth. With demand for petrol projected to rise toward the end of the year, the arrival of new shipments and the price reduction are timely measures to avert shortages and price spikes. As the Dangote Refinery continues to support independent marketers with refined cargoes, the outlook for Nigeria’s petrol supply remains positive.
Comments are closed for this story.