A supply glitch at Dangote Refinery has triggered a fresh increase in petrol prices across Nigerian filling stations. The Nigerian National Petroleum Company Limited (NNPCL) retail outlets—including Ranoil, AA Rano, Mobil and Sharon—implemented a price hike on Monday, raising prices by 50 naira, or 5.5 percent, to N955 per litre from N905 per litre in some areas of Abuja. NNPCL outlets in Lagos also adjusted their fuel pump prices upward.
The hike has prompted other stations to raise their rates as well. In Abuja and its environs, Ranoil, Mobil, Sharon and AA Rano increased their prices to N930, N920 and N920 per litre, respectively. This development follows a recent increase in Liquefied Petroleum Gas (LPG) prices, with cooking‑gas rates rising to N1,500 per kilogram in Abuja and N3,000 per kilogram in Lagos, up from N1,200 and N1,300.
The fuel and cooking‑gas price hikes are expected to worsen the hardship faced by Nigerians, as headline inflation and food inflation were already at 20.1 percent and 21.87 percent, respectively, in August 2025. According to Abubakar Maigandi, president of the Independent Petroleum Marketers Association of Nigeria (IPMAN), the latest petrol price increase may be linked to the unavailability of Dangote Refinery fuel over the past two days. Maigandi said that association members have been unable to obtain fuel from the refinery since Saturday, which may have caused the recent price rise among major energy marketers.
Billy Gillis‑Harry, national president of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), described the latest fuel and gas price hike as artificial, attributing it to challenges posed by Dangote Refinery’s entry into the downstream sector. He urged all players, including the 650,000‑barrel‑per‑day refinery, to develop a seamless process with stakeholders to stabilise the industry.
Dangote Refinery recently launched a nationwide fuel‑supply scheme, which has caused major disruption. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reported that Dangote supplies an average of 20 million litres of petrol daily across Nigeria, out of the country’s 48 million‑litre daily fuel consumption. The recent fuel hike is the second in less than eight days, and key stakeholders are calling for a resolution to the supply glitch to prevent further price increases.
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