Dangote Refinery has increased diesel and petrol prices again.
Newsone Nigeria reports that the Dangote Petroleum Refinery has again increased the price of the Premium Motor Spirit, PMS, marking the third upward adjustment within a week.
This newspaper understands that Dangote Refinery announced the price hike to marketers on Monday, March 9, 2026, raising the gantry price of Premium Motor Spirit to N1,175 per litre, up from N995 per litre announced on Friday, 6 March 2026.
This is said to represent an increase of N180 or about 18.1 per cent within three days.
The refinery equally revised the gantry price of Automotive Gas Oil, commonly known as diesel, to N1,620 per litre.
The latest hike is expected to trigger another round of increases at filling stations nationwide, as higher fuel costs typically translate into higher transportation, logistics, and production costs for businesses.
It also betrays efforts by the Federal Government, through the Nigerian National Petroleum Company Limited, to secure crude oil supply for the Dangote Petroleum Refinery through third-party international traders, in a bid to sustain domestic refining operations.
Officials, however, warned that the intervention may not immediately translate into lower petrol prices for consumers. Nigerians currently grapple with high fuel prices, following the recent hikes in the cost of the commodities by the $20bn Lekki-based refinery.
Meanwhile, Newsone reported that the refinery recently increased its PMS to N995 per litre, up from N874 at the weekend, a hike that has pushed fuel pump prices above N1,000 per litre across Nigeria.
