The Dangote Petroleum Refinery has once again reduced the gantry price of petrol, lowering the ex-depot rate from ₦828 to ₦699 per litre.

According to real-time market data from Petroleumprice.ng on Friday, the refinery implemented a fresh downward adjustment, slicing ₦129 per litre off the Premium Motor Spirit benchmark price, a 15.58% reduction.

“The refinery reduced its petrol price to N699 per litre,” a source said.

The new price took effect on December 11, 2025, marking the 20th petrol price adjustment introduced by the refinery in 2 The new price took effect on December 11, 2025, marking the 20th petrol price adjustment introduced by the refinery in 2025.025.

The latest reduction comes just five days after the refinery’s Chairman, Aliko Dangote, reiterated his pledge to maintain “reasonable and competitive” fuel prices for the domestic market, despite global market fluctuations and ongoing smuggling across Nigeria’s borders.

After a closed-door meeting with President Bola Tinubu on December 6, Dangote had said prices would continue to drop as the refinery increases production and competes directly with imported fuel products.