Dangote Refinery Increases Diesel Gantry Price by ₦100 to ₦1,800 per Litre

Dangote Petroleum Refinery has increased its gantry price for automotive gas oil, commonly known as diesel, by ₦100 per litre. According to a notice from the refinery’s Group Commercial Operations, reviewed by http://Petroleumprice.ng, the price was raised from ₦1,700 to ₦1,800 per litre, effective Saturday, October 10, 2026. The adjustment represents a 5.88% increase. Customers were instructed to return all Automated Truck Call-ups (ATCs) for repricing, while new volume contracts will be issued to resume loading. The development has drawn attention to the potential impact of fuel-price adjustments on Nigerian businesses. Diesel remains an important source of energy for commercial transport operators, manufacturers, construction companies and businesses that depend on generators to maintain electricity supply. An increase in the refinery’s selling price could place additional pressure on businesses already managing transportation, operating and production costs. For small businesses, even relatively modest changes in fuel prices can affect daily expenditure, particularly where electricity supply is unreliable and diesel-powered generators are essential to operations. Transport operators may also face higher costs, depending on how the adjustment affects the prices offered by fuel distributors and filling stations. Industry surveys indicate that despite the increase, Dangote’s gantry price at ₦1,800 remains ₦105 cheaper than rival depot owners offering diesel at ₦1,905 per litre. Retail pump prices in Abuja are currently in the range of ₦1,960 to ₦1,980 per litre. These additional costs can sometimes be reflected in the prices consumers pay for goods and services, although the extent of any impact depends on competition, supply conditions and other operating expenses. The gantry price charged by a refinery is different from the retail price paid by consumers. Distribution expenses, transport costs, dealer margins and other market conditions can influence the final price. Nigeria’s downstream petroleum market has experienced significant changes since the removal of the petrol subsidy, making developments involving major domestic refineries particularly important to businesses and consumers. The growth of domestic refining capacity has increased attention on how local supply, import requirements and competition influence fuel prices. Consumers and businesses will therefore be watching for further information about diesel supply and how distributors and retailers respond to the confirmed adjustment.