Dangote Refinery has announced an upward review of its Premium Motor Spirit (PMS) price, increasing the gantry rate from ₦1,175 to ₦1,245 per litre — a rise of ₦70.
The new pricing takes effect from 12:00 a.m. on March 21, 2026, and will apply to all pending and undelivered orders.
In a related adjustment, the refinery also raised its coastal supply price from ₦1,512,648 to ₦1,606,518 per metric tonne.
The company attributed the price hike to ongoing global geopolitical tensions affecting market conditions.
It added that customers with valid Bank Guarantees can continue lifting products under existing terms but must pay the price difference. All outstanding differential payments are to be settled on or before March 23, 2026.
