Petrol depot prices slide in Lagos as Dangote Refinery maintains stability; diesel drops sharply (opens original article in a new tab)

Petrol and diesel prices declined in Lagos depots amid competitive market conditions, while Dangote Refinery maintained stable prices. Regional price variations were noted, with some areas experiencing increases.

• Petrol prices in Lagos depots decreased by ₦1 to ₦18 per litre
• Diesel prices dropped significantly in some locations, including Port Harcourt
• Dangote Refinery's PMS price remained stable at ₦1,176 per litre
• Regional variations in prices were observed, with some areas reporting increases
• Competitive market dynamics and domestic refining capacity influence pricing