Nigerians face tougher time as Dangote Refinery announces fresh fuel price increase

Nigerians would person to look different circular of premium centrifugal tone (petrol) nationwide terms hike aft Dangote Refinery, connected Friday, announced yet different gantry terms increment, the 4th clip successful March 2026 and since the Iran-United States-Israel warfare escalation.

The 650,000-barrel-per-day refinery successful a circular to marketers said it has adjusted its pump terms upward to N1,245 per liter from N1,175 per liter.

Dangote’s latest substance terms hike was contained successful a announcement issued connected Friday.

“The gantry terms accrued from N1,175 per liter to N1,245 per liter,” the refinery stated successful the notice, noting that the caller terms would instrumentality effect from Saturday, 21st March 2026.

The refinery blamed the hike connected the planetary geopolitical concern successful the Middle East, which caused Brent and West Texas Intermediate crude blends to surge to $112 and $98 per tube arsenic of Saturday morning.

The spokesperson of the Independent Petroleum Marketers Association of Nigeria and the Natural Oil and Gas Suppliers Association of Nigeria, Chinedu Ukadike, confirmed the latest terms hike to DAILY POST.

DAILY POST reports that Dangote Refinery has accrued its petrol terms 4 times truthful acold this March, from N774 to N875, past N995, N1,175, and present to the latest hike of N1,245 per liter.

This means that marketer...