The Dangote Refinery has announced another sharp reduction in its petrol gantry price, cutting the rate by 15.58% from ₦828 to ₦699 per litre, effective December 11, 2025.
The latest adjustment marks about the 20th price review this year, reinforcing the refinery’s aggressive pricing strategy as the festive travel season intensifies across Nigeria.
According to senior officials, the refinery introduced the cut to ease transportation costs ahead of Christmas, when millions of Nigerians travel across states to reunite with family.
The company said the review aligned with its “commitment to make the season memorable for citizens and reduce cost pressures on road transport operators.”
● Refinery Says Price Cut Aims to Ease Christmas Travel Pressure
The latest announcement comes just days after Aliko Dangote assured Nigerians that the refinery would keep fuel “reasonable and competitive” despite global market volatility and ongoing smuggling along Nigeria’s borders.
Speaking after a closed-door meeting with President Bola Tinubu on December 6, Dangote highlighted that domestic prices remain far below the ₦1,500–₦1,600 per litre common across neighbouring countries. He argued that local pump prices must continue to fall as the refinery competes directly with imports.
“Prices are going down because competition is working,” he said, noting that smuggling has reduced, though not completely eliminated.
Analysts say Dangote’s persistent adjustments have helped stabilise supply, curb arbitrage, and inject new efficiency into the downstream sector.
Despite investing an estimated $20 billion in the 650,000-barrel-per-day facility, Dangote reiterated that he is not in a hurry to recover capital.
The refinery began supplying diesel and aviation fuel in early 2024 and introduced petrol output in September that same year—changes that reshaped Nigeria’s fuel market and cut reliance on imports.
● 20th Price Review Signals End of Marketers’ Consortium
Industry sources say the refinery’s repeated price revisions—and today’s decisive reduction—confirm the effective end of the marketers’ consortium structure, which previously coordinated bulk purchase arrangements.
With the refinery scaling its distribution network nationwide, individual marketers now negotiate directly, enabling faster price adjustments and broader market penetration.
The refinery has positioned the latest reduction as both an economic and social intervention.
With interstate travel surging ahead of Christmas and New Year, the new gantry price is expected to bring down retail pump prices in several states, especially in the North and South-East, where logistics costs typically spike during festive periods.
Officials added that more adjustments are possible as the refinery ramps up production toward its next phase of expansion.
