Dangote Refinery has announced an adjustment in the price of Premium Motor Spirit (PMS), increasing the gantry price from ₦1,175 to ₦1,245 per litre—an increment of ₦70 per litre.
The new pricing will take effect from 12:00 a.m. on March 21, 2026, and will apply to all outstanding and yet-to-be-loaded volumes.
In addition, the refinery raised its coastal supply price from ₦1,512,648 to ₦1,606,518 per metric tonne.
The price review was attributed to ongoing global geopolitical tensions impacting the energy market.
The company also stated that customers with valid Bank Guarantees can continue loading under existing arrangements, provided they pay the price difference.
It added that all outstanding differential payments must be settled on or before March 23, 2026.
, increasing the gantry price from ₦1,175 to ₦1,245 per litre—an increment of ₦70 per litre.){kind=link}