Dangote Refinery Raises Petrol Price to N840 as NUPENG Strike Threat Looms
- Dangote Refinery has adjusted its ex-depot prices upwards amid the rumoured shutdown of its petrol production unit
- The hike by the mega refinery has triggered a surge in depot costs nationwide as importers braced for impact
- This comes as tanker drivers under NUPENG threatened to embark on a nationwide strike starting Monday, September 8, 2025
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Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
The Dangote Refinery has increased its ex-depot price for petrol from N825 to N840 per litre.
This is according to data from PetroleumPriceNG, which also showed other depot operators increasing their prices.
Source: Getty Images
Dangote increases petrol prices
Coming amid the rumoured shutdown of Dangote Refinery’s petrol production unit, the spike has triggered a surge in depot prices.
Investigations by Legit.ng showed that depot prices soared on Sunday, September 7, 2025.
Other depot prices include:
- Matrix Warri: N865 per litre
- SOBAZ: N860 per litre
- Prudent Oghara: N865 per litre
- A&E: N850 per litre
- SOROMAN: N840 per litre
- RailOil Lagos: N870 per litre
- Rainoil Delta: N875 per litre
- MENJ: N848 per litre
Filling stations adjust petrol prices
The Dangote Refinery’s petrol price hike, which has yet to be officially announced, comes as crude oil prices staged a slight decline in the global crude market, as OPEC+ plans an output increase.
The price hike has already triggered an upward adjustment in prices by filling stations nationwide.
Tanker drivers begin strike
Meanwhile, tanker drivers have begun a strike, alleging that Dangote’s planned release of 4,000 CNG trucks seeks to exclude them from the operation.
Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) conveyed their decision for the nationwide strike in a statement signed by its national president, Prince Williams Akporeha, and General Secretary, Afolabi Olawale.
According to the letter, NUPENG disclosed that on June 14, 2025, Aliko Dangote, Chairman of the Dangote Group, announced plans to import 4,000 CNG trucks, which were later increased to 10,000 for nationwide fuel distribution.
NUPENG revealed that while the development was initially appealing to its members, it raised questions among stakeholders, such as the National Association of Road Transport Owners (NARTO), about its wider implications.
Source: UGC
The union disclosed that the two labour unions had requested to meet with Dangote, and on June 23, 2025, Dayyu Dantata, represented the Nigerian billionaire.
Group warns NUPENG over planned strike
Legit.ng earlier reported that the Mass Action Against Economic Saboteurs (MAAES), a citizens-led coalition, has issued a stern warning to the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) over its threat of a nationwide strike against Dangote Petroleum Refinery.
NUPENG had alleged that Dangote was forcing drivers employed to handle its newly deployed 4,000 compressed natural gas (CNG)-powered trucks to renounce union membership.
The union threatened to direct its Petroleum Tanker Drivers Branch to halt fuel loading nationwide starting September 8 if its demands were not met.
Source: Legit.ng
