Petrol pump prices jumped to N1,395 per litre on Saturday as filling stations adjusted to the Dangote Petroleum Refinery’s latest pricing regime, which raised its gantry price to N1,350 per litre.

Checks by our correspondent showed that the Dangote-backed MRS filling station in Alapere, Lagos, changed its price from N1,310 to N1,395 on Saturday.

The price was N1,385 at the Mobil filling station on the same axis.

The Matrix filling station at Kara, Ogun State, sold petrol at N1,360 per litre, while Nigerian National Petroleum Company retail stations in Ibafo dispensed the product at N1,380 a litre.

It was also observed that some filling stations had yet to adjust their pump prices as of 6pm on Saturday.

Bovas sold petrol to motorists at N1,280.

The Dangote refinery increased the gantry price of premium motor spirit from N1,265 to N1,350 per litre, effective Saturday, 12 September 2026.

The PUNCH had earlier predicted that there could be a fresh hike in fuel prices following the rise in oil costs.

The latest adjustment is the fourth upward review of the Dangote refinery’s petrol gantry price since August 21.

Dangote had increased the price from N1,165 to N1,185 per litre on August 21 before raising it to N1,200 on August 26.

It subsequently increased the price to N1,265 on August 29 and has now added another N85 per litre, taking the gantry price to N1,350 in three weeks.

The successive increases have raised the refinery’s petrol price by N185 per litre, or about 15.9 per cent, in 22 days