DANGOTE REFINERY RAISES PETROL GANTRY PRICE TO N1,350

The Dangote Petroleum Refinery has increased the gantry price of petrol to N1,350 per litre, marking another upward review of its ex-depot price.
The latest adjustment represents the fourth increase in the refinery’s petrol price since August 21.
The development is expected to have implications for the downstream petroleum market, particularly for marketers purchasing products directly from the refinery.
The latest price review comes amid continued fluctuations in the cost of refined petroleum products and broader changes in the domestic fuel market.
Marketers and other downstream operators are expected to factor the new gantry price into their pricing decisions, which could influence petrol prices in different parts of the country.
The new N1,350 per-litre gantry price takes effect as the refinery continues to adjust its pricing in response to market conditions.