The daily torch media
The Dangote Refinery has announced another increase in the price of Premium Motor Spirit (PMS), raising its gantry price from ₦1,175 to ₦1,245 per litre — an increment of ₦70.
According to a notice issued to customers, the new pricing will take effect from 12:00 a.m. on March 21, 2026, and will apply to all outstanding and unloaded product volumes.
The refinery also adjusted its coastal supply price, increasing it from ₦1,512,648 to ₦1,606,518 per metric tonne.
The latest hike is expected to have ripple effects across Nigeria’s downstream petroleum market, potentially impacting pump prices nationwide.
