Nigeria, Dec. 12 -- The Dangote Petroleum Refinery on Friday, again announced the reduction of its petrol gantry price, slashing the ex-depot rate from N828 to N699 per litre.

Real-time market data published on Petroleumprice.ng on Friday showed that the refinery implemented another major downward review, cutting the Premium Motor Spirit benchmark price by N129 per litre - a 15.58 per cent reduction.

An official of the refinery, who spoke to PUNCH Online on condition of anonymity because he was not authorised to comment publicly, also confirmed the adjustment.

He said, "The refinery has reduced petrol gantry price to N699 per litre."

The new price took effect on December 11, 2025, marking the 20th petrol price adjustment announced by ...