Dangote Refinery resumes petrol loading in naira at N1,215/litre
The disruption tightened supply and pushed ex-depot petrol prices in Lagos to as high as N1,275 per litre, compared with Dangote Refinery’s previous gantry price of N1,075 per litre before sales were suspended.…As depots, filling stations adjust prices By Udeme Akpan, Energy Editor Dangote Petroleum Refinery has resumed gantry loading of Premium Motor Spirit (PMS), also known as petrol, in naira after a week-long suspension, ending uncertainty in the downstream sector over its temporary shift to dollar-denominated sales.
Meanwhile, fresh increases in the pump price of petrol, to an average of N1,350 per litre from N1,260 per litre across filling stations in Lagos and its environs have heightened concerns over the rising cost of living, with millions of Nigerians expected to face higher transportation, food and business costs.
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