Dangote Refinery Raises Petrol Ex-Depot Price to N875 per Litre

The Dangote Refinery has increased its petrol ex-depot price to N875 per litre, signaling another shift in Nigeria’s evolving fuel pricing landscape. The adjustment reflects broader market pressures impacting the downstream petroleum sector.

Industry analysts attribute the increase to rising global crude oil prices and foreign exchange fluctuations, both of which significantly influence refining and operational costs. The refinery’s pricing move is expected to ripple across distribution chains nationwide.

Petroleum marketers warn that higher ex-depot costs may inevitably translate to increased pump prices at retail outlets. Such adjustments could intensify transportation expenses and elevate the cost of goods and services across multiple sectors.

Economic experts note that fuel price changes have a direct bearing on inflation trends, particularly in a country where road transport dominates logistics and food distribution systems.

Stakeholders are urging policymakers to maintain regulatory clarity and support supply stability to cushion consumers from excessive volatility in domestic fuel markets.