This is not just a random fluctuation; it’s the second N75 increase within just seven days. The refinery has been adjusting petrol prices multiple times over the past month, which indicates a complex interplay of factors affecting fuel availability and pricing.

That context matters because it sheds light on the pressures within the system. A senior official from the Dangote Refinery stated, “The new pricing template has been activated across the board.” Such adjustments often arise from sustained pressure in the global oil market and local supply chain challenges.

Industry operators have also commented on these changes. They expect that this latest hike will lead to higher pump prices across Nigeria in the coming days. This prediction underscores how interconnected the fuel market is — one change at the refinery can ripple through to consumers at gas stations.

Key facts include:

• The ex-depot price is now ₦1,350 per litre.
• This represents a total of twelve price adjustments since January 2026.
• Each increase reflects prevailing supply and cost pressures in the system.

The suspension of certain pricing frameworks has created a short-term supply squeeze, as noted by a senior official familiar with recent developments. These fluctuations are not isolated incidents but rather symptoms of broader economic factors at play.