Dangote Refinery has announced a reduction in the retail price of premium motor spirit nationwide.
The development follows the company’s disclosure that it will commence its free fuel distribution scheme on Monday, September 15, 2025, marking the new date for the rollout of its direct petrol distribution initiative.
The initiative, which Dangote Group had earlier announced would kick off on August 15, 2025, would see the $20 billion plant distribute petrol and diesel to consumers with its 4,000 compressed natural gas trucks at zero logistics cost.
The Dangote Group spokesman, Anthony Chiejina, revealed that the scheme would start with the South West, the Federal Capital Territory, Abuja, Kwara, Delta, Rivers and Edo States.
Dangote Refinery has reduced its premium motor spirit retail price nationwide.
This is as it announced Monday, September 15, 2025, as the new date to begin the direct petrol distribution initiative.
The initiative, which Dangote Group had earlier announced would kick off on August 15, 2025, would see the $20 billion plant distribute petrol and diesel to consumers with its 4,000 compressed natural gas trucks at zero logistics cost.
The 650,000-barrel-per-day refinery said its new gantry price is N820 per litre, the same price announced last month.
The company, which is currently in a face-off with the Nigerian Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), disclosed this in a fresh price template released by Dangote Group on its X account.
With the new price template, in Lagos, Oyo, Ogun, Ondo, and Ekiti, Dangote Refinery’s petrol retail price stands at N841 from N860 per litre.
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In Abuja, Edo, Delta, Rivers and Kwara states, the largest African refinery’s retail price is N851, down from N885 per litre.
“We are starting the free fuel distribution scheme on Monday. We will start with Lagos and the South West, Abuja, Kwara, Delta, Rivers and Edo States. There will be a drop in price effective on Monday when the free distribution starts,” it was said.
Recall that the free fuel distribution scheme was supposed to have started in August, but it was delayed due to logistics challenges in China.
Our correspondent learnt that over 1,000 trucks have been received by the refinery for the commencement of the programme.
More states are expected to benefit from the scheme as more trucks arrive in Nigeria.
In a statement on Thursday, Dangote said it embarked on a large-scale CNG-powered truck roll-out to boost logistic strength and cost reductions across the distribution value chain of the domestic economy.
“Even though we recently noticed how the CNG prices doubled a week ago, that will not deter our 10,000 CNG truck roll-out this year,” the company said.