Dangote Refinery has decided to increase its petrol ex-depot price by N100, citing rising crude oil costs, global supply disruptions, and geopolitical tensions.

The Dangote Petroleum Refinery has reportedly suspended the sales and loading of Premium Motor Spirit (PMS), commonly known as petrol at its facility.

The Dangote Petroleum Refinery says the recent N100 increase in its petrol ex-depot price was driven by rising global crude oil prices and supply disruptions linked to geopolitical tensions in the Middle East.

Imported petrol costs N64 less than Dangote refinery's price, sparking controversy as experts urge Nigeria to boost crude production amidst rising global oil prices.

The Dangote Petroleum Refinery has suspended diesel loading and sales, a move that coincided with fresh price increases by depot operators in major supply hubs.

The landing cost of imported fuel has once again become cheaper than Dangote Refinery's petrol despite benefiting from the Naira for Crude deal by the