Urgent.News

What's breaking now, across thousands of outlets.

Business

Dangote Refinery raises fuel price by N65 per litre amid fuel import surge

Dangote Refinery has raised its gantry petrol price to N1,265 per litre amid a surge in Nigeria’s fuel imports. A market survey by DAILY POST showed that the mega refinery increased its petrol price by N65 per litre. DAILY POST reports that between August 21 and August 29, 2026, the refinery raised its petrol gantry price […] Dangote Refinery raises fuel price by N65 per litre amid fuel import…

Dangote Refinery raises fuel price by N65 per litre amid fuel import surge

Dangote Refinery has increased its petrol price to N1,265 per litre, following a sharp rise in Nigeria's fuel imports. According to a survey conducted by DAILY POST, the refinery raised its petrol price by N65 per litre. The increase, which brought the gantry petrol price to N1,265 per litre, occurred between August 21 and August 29, 2026.

Dangote Refinery had previously attributed the surge in fuel imports to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Industry data from NMDPRA for July indicated that fuel imports comprised 43.3 percent of the country's supply, while Dangote Refinery supplied 56.7 percent domestically. This price hike could lead to an increase in retail petrol prices, currently ranging between N1,230 and N1,275 per litre at filling stations in Abuja.

Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at dailypost.ng →

More in Business

Colombia Faces US$23 Billion in Investment Arbitration Claims

Colombia is defending investment arbitration claims worth roughly US$23 billion. Only a small fraction has ever turned into money the state actually paid.

  • Colombia faces US$23 billion in investment arbitration claims.
  • Sea Search Armada seeks US$10 billion over the San José galleon.
  • Colombia plans to leave the investment arbitration system in November 2025.

More from Saturday 29 August →