Taiwo POPOOLA
The Dangote Petroleum Refinery has revised its petrol price to ₦1,175 per litre, resulting in depot operators across different areas pausing their sales temporarily.
The refinery had previously lowered the ex-depot price of Premium Motor Spirit (PMS) by ₦100, bringing it to ₦1,075 per litre on March 10, 2026, reduced from the earlier price of ₦1,175 per litre.
Depot operators, who had started selling at an average price of ₦1,100 per litre, immediately paused their sales transactions due to the refinery’s increase in price.https://urbanexpresslive.com/epl-why-gary-neville-gives-arsenal-only-condition-to-win-title-ahead-of-man-city/
The refinery has temporarily halted loading operations to reconcile stock levels and adjust to the updated pricing framework.
This revision is a response to the recent increase in global crude oil prices, which have risen from $91 to $100 per barrel for Brent crude, directly influencing the costs of refining.
