Dangote Refinery Cuts Petrol Price Again, Now ₦835/Litre

For the second time in April, Dangote Petroleum Refinery and Petrochemicals has slashed its ex-depot price of petrol, reducing it to ₦835 per litre.

The $20 billion Lagos-based refinery made the announcement on Wednesday, notifying marketers and customers of the latest price adjustment.

Sharing a video on Instagram, the Dangote Group captioned it:

“NEW PETROL PRICE REDUCTION ALERT!”

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A post shared by Dangote Group (@dangotegroup)

Filling stations such as MRS Oil & Gas, Ardova Plc, and Heyden, which have exclusive supply deals with the refinery, are now expected to adjust their pump prices to below ₦900 per litre in response to the ex-depot drop.

This move follows a recent meeting between Dangote Refinery representatives and Minister of Finance, Wale Edun, where both parties reaffirmed the federal government’s naira-for-crude policy.

The government emphasized that this policy, originally questioned under former NNPCL head Mele Kyari, is not a temporary fix but a long-term strategy aimed at supporting local refining capacity and price stability in Nigeria’s petroleum market.