Dangote Refinery has once again adjusted its pricing template, raising the gantry price of Automotive Gas Oil (diesel) to ₦1,750 per litre. The development signals a continued upward trend in energy costs, with immediate implications for transport, logistics, and industrial operations across the country.
The new price marks a sharp ₦250 jump from ₦1,500 per litre, which had only recently been increased from ₦1,430 about one week ago. The rapid sequence of adjustments highlights the volatility currently shaping Nigeria’s downstream petroleum market.
An anonymous source within the refinery confirmed to Petroleumprice.ng that the change took immediate effect, noting that the gantry price was moved directly from ₦1,500 to ₦1,750 per litre amid mounting cost pressures.
Industry checks show the increase is largely driven by rising global crude oil prices, foreign exchange constraints, and higher operational costs, including feedstock sourcing and logistics. As a fully deregulated product, diesel remains highly sensitive to international market dynamics.
For businesses and households relying on diesel for power and transportation, the hike is expected to push operating costs higher, potentially worsening inflation and deepening the cost-of-living strain already facing Nigerians.