The Dangote Refinery has reportedly raised the price of petrol once more, increasing it to ₦1,275 per litre from the previous rate of ₦1,245 per litre. This marks an additional ₦30 jump within the same day, fueling concerns over rising fuel costs in Nigeria.
Industry observers note that the sudden price adjustment reflects ongoing supply chain pressures and global market fluctuations, which continue to influence domestic fuel pricing despite government interventions.
Motorists and consumers have expressed frustration online, highlighting the impact of frequent price changes on transportation costs, household budgets, and the overall cost of living.
Analysts warn that unless measures are taken to stabilize fuel distribution and refine pricing policies, such sudden increases could continue to strain both commuters and businesses across the country.
The Dangote Refinery has not issued an official statement explaining the rationale for the price adjustment, but stakeholders are closely monitoring the situation for further developments.
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