Dangote Petroleum Refinery has announced a surprise petrol pricing offer, selling Premium Motor Spirit at ₦699 per litre, a move that is already stirring debate across Nigeria’s downstream oil sector.
DDM gathered that the limited-time offer was officially released on Wednesday, December 18, 2025, and applies to petrol lifted directly from the Dangote Refinery gantry.
The announcement targets both existing and prospective customers nationwide, including petroleum marketers, bulk buyers, and large-scale institutional consumers.
Industry watchers describe the ₦699 per litre price as one of the most aggressive pricing strategies since the commencement of domestic refining, especially amid ongoing concerns over fuel affordability and inflation.
The refinery disclosed that bulk buyers purchasing a minimum of 500,000 litres will enjoy a 10-day credit facility, provided the transaction is secured with a valid bank guarantee.
This incentive, analysts say, is designed to ease cash flow pressures on marketers while encouraging large-volume lifting and wider fuel distribution across the country.
Dangote Refinery’s offer comes at a time when Nigerians are grappling with rising transportation costs and general economic hardship, making fuel pricing a politically and socially sensitive issue.
Energy experts note that the move could significantly influence pump prices if marketers pass on the cost reduction to consumers, although margins, logistics, and regulatory factors remain key variables.
The refinery also made public dedicated enquiry channels, including contact phone numbers and an official email address, to handle interest from marketers, corporate organisations, and other eligible buyers.
According to market analysts, the announcement signals Dangote Refinery’s growing confidence in its production capacity and distribution readiness within Nigeria’s competitive fuel market.
Some stakeholders believe the offer could force other suppliers and import-dependent marketers to review their pricing structures in order to remain competitive.
Others caution that the sustainability of such pricing will depend on crude supply stability, operational costs, and policy consistency from regulators.
The introduction of a short-term credit facility is also seen as a strategic move to attract large distributors who often struggle with liquidity constraints in a volatile market.
Observers say the initiative aligns with broader national goals of reducing fuel importation, conserving foreign exchange, and stabilising domestic energy supply through local refining.
However, critics argue that without transparent monitoring, there is no guarantee that the benefits of lower gantry prices will translate into reduced pump prices for ordinary Nigerians.
Despite the concerns, the announcement has generated widespread attention, with many Nigerians hopeful that increased competition from domestic refineries will eventually lead to more affordable fuel.
Dangote Refinery has positioned itself as a major player capable of reshaping Nigeria’s downstream petroleum landscape through scale, pricing leverage, and supply reliability.
As marketers begin to engage the refinery over the ₦699 per litre offer, the coming days are expected to reveal its real impact on fuel availability and pricing nationwide.
For now, the move has reignited debate over fuel pricing transparency, private sector influence, and the long-term promise of Nigeria’s refining revolution.
Whether the offer marks the beginning of sustained price moderation or remains a short-lived market intervention will be closely watched by regulators, consumers, and industry players alike.