Dangote Refinery hikes petrol price to N1,175

Dangote Petroleum Refinery has raised the price of Premium Motor Spirit to N1,175 per litre. This comes barely two days after it increased it to N995 last Friday.

The refinery announced the price hike to marketers on Monday, March 9. The refinery also announced the increase in its Automotive Gas Oil to N1,620 per litre. This hike is expected to trigger another round of increases at filling stations nationwide. 

Cost of living is expected to go up as a result of the increment.