JUST IN: Again, Dangote refinery raises petrol price to N1,175/litre

The Dangote Petroleum Refinery has raised the gantry price of Premium Motor Spirit (PMS) to ₦1,175 per litre, the third increase in petrol prices in a week.

The update, shared with marketers and depot operators on Monday, raises the ex-depot price from ₦995 per litre, announced on Friday, by ₦180, an 18.1 per cent rise in three days.

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Reports say the refinery also set the gantry price of Automotive Gas Oil (diesel) at ₦1,620 per litre.

The increase comes after earlier adjustments that moved gantry prices from ₦774 to ₦995 per litre last week.

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STREETNET