More fuel marketers have joined Dangote Refinery’s expanding distribution network as the company reduces the ex-depot price of petrol from N880 to N840 per litre. The new price, which took effect on June 30, 2025, aims to improve access and affordability of fuel nationwide.
The refinery’s spokesperson, Anthony Chiejina, confirmed the price drop in Lagos. He explained that the earlier hike to N880 was due to rising crude oil costs caused by a recent 12-day conflict in the Middle East, which drove global prices to nearly $80 per barrel.
Marketers already working with Dangote—such as MRS, Heyden, Ardova, Hyde, Optima, and Techno Oil—are expected to reflect the new price across their outlets. The refinery has also added new partners, including TotalEnergies, Garima Petroleum, Sunbeth Energies, Sobaz, Virgin Forest Energy, Sixxco Oil, and N.U. Synergy and Soroman Nigeria. Others on the growing list include Jezco, Jengre, Cocean, Kifayat, Triumph Golden, Sifem Global, Riquest, and Mamu Oil.
As part of a larger strategy to make fuel cheaper and more accessible, Dangote Refinery has invested over N720 billion to roll out 4,000 Compressed Natural Gas-powered trucks. The company states that this move will help save Nigerians more than N1.7 trillion annually by covering over N1.07 trillion in distribution costs.
This effort is expected to benefit over 42 million Micro, Small, and Medium Enterprises by lowering energy costs and boosting profits. Starting August 15, Dangote will begin direct delivery of fuel to stations, factories, and other major consumers, removing transportation hurdles for buyers and easing inflation pressure.
