Dangote Refinery has announced a new increase in petrol prices, raising the cost from ₦1,245 per litre to ₦1,275 per litre. The price adjustment reflects ongoing challenges in the global oil market, higher operational costs, and inflationary pressures affecting fuel production and distribution.
The latest hike is expected to impact transportation costs, logistics, and the prices of goods and services across the country. Motorists and businesses are advised to plan accordingly and purchase fuel from verified outlets to avoid counterfeit or substandard products.
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Industry experts warn that frequent petrol price increases may continue if global crude prices remain high and local distribution costs rise. The refinery emphasized its commitment to ensuring supply stability while urging consumers to report any irregularities in pricing or distribution to the appropriate authorities.
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