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As the landing cost of petrol fell further below the Dangote Refinery’s ex-depot price, some filling stations in Abuja lowered the pump price of Premium Motor Spirit (PMS), also known as gasoline or petrol, resulting in new price changes in the retail market.
Major marketers, such as NIPCO, AA Rano, Eterna, and Empire Energy, have lowered their pump rates in a number of places throughout the Federal Capital Territory, according to information gathered by journalists on Wednesday, November 5.
Reporters’ checks revealed that NIPCO and AA Rano filling stations had lowered their pump prices from ₦950–₦955 to ₦940 per litre, according to Daily Post.
Similarly, Empire Energy dispenses for ₦955, down from ₦955 and ₦959, respectively, while Eterna now sells at ₦945.
Accordingly, depending on the station, the price of gasoline in Abuja has decreased by ₦4 to ₦10 per litre.
As previously reported, NNPCL Retail also reduced the price of their pump from ₦955 per liter to ₦945. Other stations, such MRS (Dangote Petrol) and Ranoil, kept their pump rates at ₦950 and ₦955 per litre as of Thursday morning, despite the price reductions.
The station might reassess its price later in the day, according to an unidentified MRS station manager.
“We still dispense fuel at ₦950 per litre, but we may lower our price in the evening or so,” he stated.
The cost of landing drops to ₦827.04 per liter.
As of November 3, 2025, the landing cost of gasoline dropped to ₦827.04 per litre, according to recently revealed energy market data, which prompted the latest adjustment.
From ₦829.77 at the end of October, this number reflects a decrease.
A summary of ex-depot costs reveals:
The Dangote Refinery is located at ₦872, while Pinnacle
₦870 from NIPCO
Aiteo: ₦870; BOVAS: ₦870
₦870 for AA Rano
This indicates that compared to depot operators like NIPCO, AA Rano, and BOVAS, Dangote’s ex-depot charge is at least ₦2 higher.
More importantly, Dangote Refinery’s ex-depot price of ₦872 per litre is ₦44.96 more than the current landing cost of ₦827.04.
According to Naija News, the events follow President Bola Ahmed Tinubu’s approval of a 15% import tax on gasoline and diesel, which was intended to promote domestic refining and increase Dangote Refinery’s competitiveness.
When the tariff increase is put into effect, marketers and industry players predict that it will increase the price of imported fuel, making local sources comparatively more appealing.
Industry watchers point out that more filling stations—especially those that get from less expensive depots—may continue to lower pump prices until Dangote modifies its pricing to reflect the declining landing cost.
