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BREAKING: Dangote refinery raises petrol price to N1,275 per litre

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6 months ago

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The Dangote Refinery has increased the ex-depot price of petrol by N75, pushing the cost from N1,200 to N1,275 per litre.

The adjustment was announced on Wednesday, with the refinery also confirming a rise in coastal prices, which now stand at N1,215 per litre.

The latest increase is expected to have a ripple effect across the downstream sector, as marketers may adjust pump prices in response to the higher cost of supply.

Very Nigerian reports that Brent crude has increased to $115 per barrel, while West Texas Intermediate rose to $103 per barrel on Wednesday.

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Pearl Essien is a digital content creator and a graduate of the prestigious University of Calabar. With over four years of experience in writing, she specializes in crafting engaging stories that inform and inspire readers. Outside of her work, Pearl enjoys storytelling, reading, and playing table tennis, bringing the same curiosity and passion to her hobbies as she does to her writing.

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