By Huldah Shado
The Dangote Petroleum Refinery has sustained nationwide petrol supply using Compressed Natural Gas (CNG)-powered trucks, even as the Nigerian National Petroleum Company Limited (NNPCL), raised its depot price from ₦850 to ₦900 per litre.
Industry analyst and CEO of Petroleumprice.ng, Olatide Jeremiah, confirmed that depot prices now range between ₦870 and ₦900 per litre in Lagos and Calabar, pushing retail pump prices to as high as ₦955 per litre.
Despite the increase, Dangote continues to sell Premium Motor Spirit (PMS), at ₦850 per litre to distributors across Nigeria, a move aimed at stabilizing supply and easing market pressure.
Meanwhile, private depots such as Aiteo, Pinnacle, and Matrix Energy have maintained higher rates between ₦870 and ₦900 per litre, depending on location.
Jeremiah noted that the full operation of the Dangote Refinery could help drive down prices once its expansion and rehabilitation are complete.
The refinery’s use of CNG-powered trucks has reduced distribution costs and supported consistent fuel delivery nationwide, a sharp contrast to NNPC’s recent price adjustment that has intensified public frustration over soaring pump prices.
