Filling stations in Nigeria, including MRS, AA Rano, and NIPCO, have decreased petrol prices following a reduction in the ex-depot price by Dangote Refinery to N1,075 per litre. This price cut has provided relief to consumers across the country.

Despite a significant drop in crude oil prices to $73 per barrel, petrol prices in Nigeria continue to remain high, with consumers hoping for a reduction below N1,000 per litre.

Nigerian motorists could see cheaper petrol once the country's domestic refining industry becomes stronger, more competitive and financially sustainable, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Petrol currently sells at about N1,310 to N1,350 per litre in many parts of Nigeria, after prices rose from previous levels. The regulator's comments link future fuel affordability to the growth and viability of local refining capacity.

Diesel prices in Nigeria have reached N2,000 per litre, according to a report from Tori.ng, marking a fresh surge in energy costs for consumers. The increase has been observed across Abuja and nearby areas, adding to the financial strain on Nigerians who rely on diesel for transportation, business operations, and power generation. The report, published on 4 September 2026, describes the price level as a new high, though further details on the causes or duration of the surge were not provided in the source material.

Petrol depot prices in Nigeria have fallen by about 17 percent as marketers adjust to increased competition from the Dangote Refinery, according to Legit.ng. The reduction offers consumers temporary relief despite rising international crude oil costs. The development reflects shifting dynamics in the country's downstream petroleum sector, where local refining is beginning to influence pricing. Marketers have slashed depot rates in response, though it remains unclear how long the lower prices will last.

Dangote Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) by N200 per litre within a month, indicating that the refinery has absorbed the recent surge in global oil prices. This marks another instance of price cuts from the refinery, suggesting a trend towards further moderation in fuel prices, according to Premium Times Business.