Petrol price war is intensifying across Nigeria as many oil marketers refuse to drop pump prices below N739 per litre, despite fierce competition and cheaper supply from the Dangote Petroleum Refinery. The resistance is frustrating motorists hoping for wider price relief.
The Dangote Refinery reduced its petrol price from nearly N900 to N739 per litre in December, triggering expectations that other marketers would follow suit or risk losing customers. While a few operators adjusted prices to attract buyers, many outlets continue selling PMS between N740 and N800 per litre, depending on location.
Industry checks show the price gap is most visible in areas far from major depots, where logistics costs remain high. This has slowed the expected nationwide price alignment, even as supply from the refinery improves.
Reacting to the situation, Independent Petroleum Marketers Association of Nigeria spokesman Chinedu Ukadike said transport and distribution costs are driving higher pump prices. He explained that many independent marketers operate in remote areas where moving fuel across long distances significantly increases operating expenses.
Ukadike said marketers are working to maintain steady supply but stressed that logistics costs must be reflected in retail pricing. He added that prices are expected to ease further as more independent marketers gain direct access to Dangote-supplied fuel.
IPMAN National President Abubakar Maigandi Shettima reaffirmed strong support for the Dangote Refinery, saying members have consistently lifted products without complaints since supply began. He argued that continued fuel importation is unnecessary, insisting the refinery can meet Nigeria’s full PMS demand.
Shettima also welcomed Dangote’s move toward direct delivery to filling stations, describing it as a critical step toward stabilizing distribution and protecting consumers. He said increased access to locally refined fuel has boosted confidence among marketers and reduced supply uncertainty.
As competition deepens, consumers are watching closely to see whether the petrol price war breaks—or if high logistics costs will keep pump prices stubbornly elevated.
