Nigeria, Jan. 27 -- The Dangote Petroleum Refinery & Petrochemicals has increased the gantry price of petrol from N699 per litre to N799 per litre.

The refinery announced the adjustment in a statement issued on Monday, adding that MRS filling stations will now sell petrol at N839 per litre, up from N739 per litre maintained in recent weeks.

"With the festive period concluded, PMS prices have been modestly realigned to sustainable levels to support long-term market stability and affordability. Under the current alignment, the PMS gantry price is N799 per litre, while MRS retail outlets are selling at N839 per litre," the statement said.

The gantry price is the price at which petroleum products are sold from the depot to the retailer bef...