Dangote Raises Diesel Gantry Price to N1,800 Per Litre

Dangote Petroleum Refinery has raised the gantry price of Automotive Gas Oil (AGO), also known as diesel, from N1,700 to N1,800 per litre. The N100 increase is a 5.88% rise and took effect on Saturday, October 10, 2026.

The revised rate was communicated to customers in a notice from the refinery's Group Commercial Operations. In the notice, customers were advised to return all Automated Truck Call-ups (ATCs) for repricing. The refinery also said new volume contracts would be issued to enable loading to resume under the revised pricing structure.

What the notice covers

The adjustment applies to diesel supplied at the refinery's gantry. Its impact on depot and retail prices will depend on marketers' procurement costs, transportation expenses and prevailing market conditions.

Depot price data already show wide differences among suppliers, with some depots quoting above the refinery's new gantry rate.

Dangote's depot price was listed at N1,720 per litre. Chipet quoted N1,800, while Ibachem and Wosbab also listed diesel at N1,800 per litre.

African Terminal, Ascon, Duport, Gulf Treasure, Ibeto, Integrated and Pivot each quoted N1,805 per litre. Bulk Strategic listed diesel at N1,825 per litre.

Nipco, Prudent and Rain Oil quoted N1,900 per litre. Matrix had the highest listed price at N2,000 per litre.

The data also showed Prudent offering diesel at N1,810 per litre, while T.S.L listed N1,340 per litre.

Prices differ across depots

The spread indicates that diesel costs vary from depot to depot. The listed prices do not necessarily reflect the rates available to every buyer. Volumes, location, delivery costs and transaction terms may affect final prices.

The gantry adjustment comes as marketers monitor supply costs and pricing changes in the downstream petroleum market.

NNPC petrol discount still running

The diesel increase lands in the same period that the Nigerian National Petroleum Company Limited (NNPC) has extended its N66-per-litre petrol discount at its retail stations nationwide until October 31, 2026.

The company insists the initiative does not amount to a return of fuel subsidy. Its Chief Corporate Communications Officer, Andy Odeh, announced the extension, saying the discount was intended to provide relief to customers amid elevated global crude oil prices.

NNPC initially introduced the offer as an Independence Day promotion to commemorate Nigeria's 66th anniversary.

What it means for businesses

Diesel powers generators, trucks and factory equipment across Nigeria, so a higher gantry price feeds directly into operating costs for manufacturers, transporters and traders. The current depot spread means buyers who can shop around may still find cheaper volumes, but the N1,700 to N2,000 range shows the gap between the refinery gate and what many depots charge remains wide.