Dangote Petroleum Refinery announces a N75 per-litre reduction in its Premium Motor Spirit (petrol) ex-gantry (ex-depot) price, lowering it by about 6% from N1,250 to N1,175. Multiple outlets report that the adjustment takes effect from midnight on 16 June 2026, based on a circular sent to fuel marketers. The refinery links the change to lower global energy costs following the de-escalation of Middle East tensions, which had previously pushed up energy prices over the past three months. One report also notes a corresponding cut in the refinery’s coastal price per metric tonne, from about N1,595,790 to N1,495,215. The circular states that outstanding unloaded gantry volumes are repriced at the new rate and the refinery expresses appreciation to marketers while maintaining its commitment to supply.
In Abuja, one outlet reports that Dangote-backed filling station MRS adjusts its pump price to around N1,241 per litre, down from N1,317, while other stations are described as not cutting pump prices despite the drop in Dangote’s gantry pricing.
