Dangote Petroleum Refinery announces lower pricing for Premium Motor Spirit (PMS/petrol) and Automotive Gas Oil (diesel), prompting depot and some retail adjustments across Nigeria. Nigerian Eye reports that the refinery cuts its petrol ex-gantry price by N75 per litre, from N1,250 to N1,175, effective midnight June 16, 2026. It says Dangote links the move to the de-escalation of Middle East tensions, which eases pressure on global energy prices over the prior three months. The refinery also reduces the coastal price per metric tonne from N1,595,790 to N1,495,215, reprices outstanding unloaded gantry volumes at the new rate, and says it is committed to reliable supply.

Other reports provide a slightly different petrol figure and update timing. Daily Post and The Punch state Dangote reduces petrol to N1,165 per litre and diesel to N1,570 per litre (from higher prior levels). Vanguard similarly reports PMS at N1,165 and diesel at N1,570, effective Thursday August 6. Legit notes that some private depots and stations match or adjust prices following Dangote’s changes, while at times others keep higher rates.