See how Petrol price wars reduce cost of fuel at NNPC, Dangote’s partners' filling stations

• There are changes successful substance prices astatine assorted filling stations aft Dangote Refinery and NNPC slashed prices
• Dangote Refinery has acceptable caller pump prices for petrol successful the South-West, North-West, and North-East
• The terms warfare betwixt Dangote Refinery and NNPC has been described arsenic a blessing for consumers successful a deregulated market

Legit.ng writer Dave Ibemere has implicit a decennary of acquisition successful business journalism, with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.

Petrol terms battles betwixt depot owners, Dangote Petroleum Refinery, and the Nigerian National Petroleum Company Limited (NNPC) person led to terms reductions crossed filling stations.

The Dangote Refinery lowered its substance prices for partners from an mean of N890–N920 per litre to N875–N905, varying by location.

NNPC substance stations trim terms by N10 Photo credit: Bloomberg/contributor
Source: Getty Images

Dangote petrol prices

According to a connection shared done a pricing table, the caller retail prices use astatine the pumps of Dangote’s organisation partners crossed Nigeria, including MRS, Ardova Plc (AP), Heyden, Optima Energy, TechnoOil, and Hyde.[

In Lagos, petrol volition present merchantability for N875 per litre crossed each listed outlets. In the South-West region, the terms is somewhat higher astatine N885, portion Northern regions spot further variation, with N895 successful the North-West and Central, and N905 successful the North-East.

The South-South and South-East besides support a azygous terms of N905 per litre. The refinery urged consumers to study immoderate instances of non-compliance to dedicated hotlines, assuring the nationalist of its committedness to prime and affordable substance nationwide.

In aboriginal February 2025, Dangote Refinery announced a simplification successful its ex-depot petrol terms from N950 to N890.

By April, the terms was further slashed to N835, down from N865, with pump prices adjusted to scope betwixt N860 and N890, depending connected the region.

These cuts are among respective terms reductions implemented by the refinery wrong the archetypal 5 months of 2025.

Nigerians bask cheaper substance astatine Dangote's partners and NNPC filling stations. Photo credit: Bloomberg/contributor
Source: Getty Images

NNPC reduces substance price

To support up with Dangote terms changes, NNPC besides slashed the prices of substance astatine its retail stations.

Legit.ng reported that NNPC stations successful Lagos present merchantability petrol from N870 per litre, a N10 alteration from N880 per litre.

A akin simplification was recorded astatine different lipid marketers' stations. For example, the Mobil presumption successful the Ikotun country reduced its pump terms from N880 to N875.

Additionally, Petrocam, Matrix, and different stations made akin adjustments.

Rewane is blessed with terms war

Earlier, Legit.ng reported that Bismarck Rewane, managing manager of Financial Derivatives Company, says Nigerians volition summation from the ongoing petrol terms contention betwixt Dangote Petroluem Refinery and the NNPC.

Rewane said helium is expecting a further diminution successful substance prices until June 2025

He noted that the downward inclination successful petrol prices volition supply a boost to economical stability.

Rewane explained:

"In a terms war, cipher wins; the consumers triumph successful the abbreviated run, and past eventually, the marketplace goes backmost to wherever it should be. "But, astatine the extremity of the day, betwixt present and June, the terms enactment volition beryllium firmly established."

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Source: Legit.ng