Dangote hikes petrol price again to ₦1,200/litre, raises fresh concern

Dangote Petroleum Refinery has raised its Premium Motor Spirit (PMS), also known as petrol, gantry price by ₦15 per litre to ₦1,200.

This marks its second price increase in seven days, raising fresh concerns over the direction of petrol prices in the downstream market.

The latest adjustment, which takes effect on Wednesday, August 26, 2026, moves the refinery’s ex-gantry price from…