Dangote Refinery Sets New Petrol Price at N799 as Holiday Discount Ends
By Patience Ikpeme
The Dangote Petroleum Refinery has announced a small change in the price of its petrol, following the end of its special holiday discount.
Starting now, the price of petrol at the refinery gate is N799 per litre. This comes after the refinery deliberately lowered its prices during the recent festive period to help Nigerians manage the high costs of the season.
The refinery explained that it chose to absorb extra costs during the holidays to make sure there was enough fuel and to keep prices calm for everyone. However, it was discovered that many filling stations did not pass this discount on to the public.
Even though the refinery sold the fuel at a cheaper rate, many stations kept their pump prices high, preventing ordinary Nigerians from enjoying the holiday gift.
Now that the holidays are over, the refinery has moved the price to N799 per litre to ensure that the business can continue to run smoothly and stay stable for a long time. At the same time, MRS retail outlets, which partner with the refinery, are selling the product at N839 per litre.
The Chief Executive Officer of the refinery, David Bird, assured the public that there is no need to worry about fuel scarcity. He said the refinery is still pumping out about 50 million litres of petrol every single day and sending it to all parts of the country.
“The refinery’s design flexibility allows it to process a wide range of crude and intermediate feedstocks, enabling continued PMS supply during planned maintenance activities. This capability ensures that domestic supply remains stable and uninterrupted.”
Because the refinery is located here in Nigeria, it is able to protect the country from the sudden price jumps and supply problems that often happen with imported fuel. Mr. Bird noted that the refinery remains a strong force in keeping the fuel market steady and making sure Nigeria has energy security.
“Dangote Petroleum Refinery continues to shield the Nigerian market from import-related volatility and external supply disruptions, while remaining a stabilising force in the downstream petroleum sector.”
The company says its main focus is to keep fuel available, keep prices from jumping around too much, and provide long-term value for all Nigerians.
