The Dangote Petroleum Refinery has increased the gantry price of Premium Motor Spirit (PMS) from N699 to N799 per litre.

Following the adjustment, petrol will now sell for N839 per litre at MRS filling stations nationwide.

In a statement issued on Monday evening, the refinery explained that the price increase followed the conclusion of the festive period, during which it implemented a temporary price support intervention to ease the financial burden on Nigerians.

“With the festive period concluded, PMS prices have been modestly realigned to sustainable levels to support long-term market stability and affordability,” the statement said. “Under the current alignment, the PMS gantry price is N799 per litre, while MRS retail outlets are selling at N839 per litre.”

The refinery reaffirmed its commitment to market stability and uninterrupted nationwide supply of petrol.

It recalled that during the recent festive season, it deliberately absorbed higher costs to cushion consumers amid increased household spending, marking the second consecutive festive period it has intervened in the national interest. The refinery cited logistics support in 2024 and a price reduction in 2025 aimed at promoting affordability and market calm.

However, the company noted that many filling stations failed to reflect the reduced prices at the pump, thereby denying Nigerians the intended benefits of the intervention.

Speaking on the development, the Chief Executive Officer of Dangote Petroleum Refinery, David Bird, said the facility currently supplies about 50 million litres of PMS daily to the domestic market, with evacuation and nationwide distribution operating normally.

He added that the refinery’s design flexibility allows it to process a broad range of crude and intermediate feedstocks, ensuring continued petrol supply even during planned maintenance activities.

According to Bird, this capability guarantees stable and uninterrupted domestic supply.

“As a domestic producer, Dangote Petroleum Refinery continues to shield the Nigerian market from import-related volatility and external supply disruptions, while remaining a stabilising force in the downstream petroleum sector,” the statement said.

The refinery stressed that it remains committed to delivering energy security, price stability, and long-term value for Nigerians.