Dangote Refinery Lowers Petrol Prices and Extends Credit to Marketers

Dangote Petroleum Refinery fuel tanker transporting refined petrol for nationwide distribution in Nigeria
Dangote Refinery fuel tankers loaded with refined petrol following the ₦699 per litre price reduction.

The Dangote refinery petrol price cut is set to reshape Nigeria’s downstream petroleum market as the refinery reduces its petrol gantry price to ₦699 per litre. This strategic adjustment is expected to ease fuel distribution pressures and lower operational costs for marketers nationwide.

According to an official notice released by Dangote Petroleum Refinery, the revised petrol price takes effect from December 12, 2025. The new rate applies to buyers lifting products directly from the refinery and represents a significant reduction of ₦129 per litre from the previous price level.

To qualify for the ₦699 per litre pricing, customers must meet specific commercial requirements. The refinery stated that a minimum purchase volume of 500,000 litres is required, a measure designed to support bulk distribution and ensure stable supply across the fuel value chain.

In addition to the price reduction, Dangote Petroleum Refinery has introduced a 10-day credit facility for fuel marketers. This initiative is expected to improve cash flow within the distribution network, allowing marketers to manage inventory more efficiently while expanding access to refined petroleum products.

Since commencing operations, the Dangote Refinery has played a transformative role in Nigeria’s energy sector. By increasing local refining capacity, the facility has significantly reduced the country’s reliance on imported fuel, contributing to improved energy security and price stability.

The refinery continues to pursue aggressive growth plans, with expansion targets that could raise processing capacity to 1.4 million barrels per day. If achieved, this would place the Dangote Refinery among the largest refining hubs globally.

Operational performance has also reached notable milestones. The refinery recently recorded a combined daily output of approximately 70 million litres of refined products, including 45 million litres of petrol and 25 million litres of diesel. This production level exceeds Nigeria’s estimated daily fuel consumption, strengthening domestic supply resilience.

To sustain and scale production, Dangote Refinery has diversified its crude oil sourcing strategy. The facility recently received its second crude shipment from Ghana, signaling a strategic shift toward regional supply partnerships. This move has coincided with a marked decline in crude imports from Europe, highlighting a broader transition toward African energy integration.

Overall, the Dangote refinery petrol price cut, combined with flexible credit terms and rising production capacity, positions the refinery as a central force in stabilizing fuel prices and supporting economic activity across Nigeria’s downstream petroleum sector.

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