Dangote Refinery Denies Fuel Price Hike, Says Petrol Price Remains Unchanged

Dangote Petroleum Refinery has dismissed reports suggesting an increase in the gantry price of Premium Motor Spirit (PMS), insisting that its ex-depot price remains unchanged.

The clarification was issued on Wednesday in response to viral claims circulating on social media that the refinery had adjusted its petrol price upward.

Refinery counters viral price hike claims

According to the company, the reports alleging a ₦75 increase in ex-depot price from ₦1,275 to ₦1,350 per litre are false.

It described the speculation as misleading and urged the public to disregard unverified information being shared online, particularly on X.

Commitment to price stability

Dangote Refinery said it has maintained its current pricing structure as part of efforts to support stability in Nigeria’s energy market.

It added that the decision is aimed at cushioning the impact of global economic pressures and reducing inflationary risks.

“Price remains unchanged” — company insists

The refinery stressed that it continues to absorb cost pressures to ensure steady fuel supply and affordability in the domestic market.

It also reaffirmed its commitment to energy security and the consistent distribution of petroleum products across Nigeria.

Public urged to rely on official updates

The company advised Nigerians to depend only on official statements from Dangote Petroleum Refinery and Petrochemicals Limited for accurate pricing and operational information.