Dangote Refinery has informed its customers about a new price adjustment for Premium Motor Spirit (PMS), increasing the gantry price from N1,175 to N1,245 per litre. This represents an increase of N70 per litre.
The new price will take effect from 12:00 a.m. on March 21, 2026, and it will apply to all outstanding and unloaded product volumes.
The refinery also raised its coastal supply price from N1,512,648 to N1,606,518 per metric tonne.
According to the refinery, the adjustment was made due to ongoing global geopolitical tensions.
The company further explained that customers who have valid Bank Guarantees can continue loading products under their existing arrangements, as long as they pay the price difference.
It added that all such differential payments must be completed by March 23, 2026.
