Dangote Petroleum Refinery has officially announced a reduction in the ex-depot (gantry) price of petrol from ₦840 to ₦820 per litre, effective July 8, 2025.
This latest adjustment marks the second notable fuel price slash from the Dangote Refinery within recent weeks, reflecting the refinery’s active role in supporting both the economy and the average Nigerian consumer through affordable domestic energy production.
The updated gantry price of ₦820 per litre will take immediate effect across all distribution channels nationwide, providing relief to marketers and potentially translating into lower pump prices for motorists in the coming days.
Support for Nigeria’s Energy Reform Goals
The price reduction is widely seen as part of Dangote Refinery’s alignment with key government initiatives, including the “Nigeria First” policy, the Naira-for-Crude Oil Initiative, and the Presidential CNG (Compressed Natural Gas) Programme, all of which aim to reduce dependency on imported refined fuels and promote sustainable energy practices within Nigeria.
Economic Implications and Public Reaction
Economic analysts have welcomed the price drop as a positive signal amid rising inflation and economic hardship, particularly for the transport and logistics sectors that are heavily impacted by fuel pricing.
Consumers and industry stakeholders alike have praised Dangote Refinery for ploughing back benefits to the Nigerian market, emphasizing that local refining is a sustainable pathway to stable fuel prices.
What This Means for Marketers and End Users
With gantry prices lowered, independent marketers may also reduce retail prices at filling stations across the country. However, the final pump price will depend on variables such as transportation cost, depot margins, and retail logistics.
The Dangote Refinery’s refined petrol is produced to meet high standards, promising improved engine performance and fuel efficiency, further justifying the shift toward local consumption over imports.
