Depots Release New Petrol Prices, Marketers Rush to Buy From Dangote Refinery
City Pulse News August 21, 2026 Petroleum depots across Nigeria have released fresh petrol prices amid rising global crude oil costs, while fuel marketers continue to flock to the Dangote Petroleum Refinery for more competitive rates. In the latest market update, several major depots adjusted their ex-depot prices upward. Some operators increased rates by as much as ₦20 to ₦30 per litre. Current listings show prices ranging from around ₦1,190 to ₦1,220 per litre at various Lagos and other regional facilities, including Pinnacle, Integrated, African Terminals, NIPCO, Liquid Bulk and others. The Dangote Refinery also revised its gantry price. After earlier reducing petrol to ₦1,165 per litre earlier in August, the refinery has now raised it by ₦20 to ₦1,185 per litre, effective from midnight on 21 August 2026. Despite the increase, Dangote’s price remains lower than most competing depot rates and sits below the estimated import landing cost of approximately ₦1,218...