{"id":1661,"date":"2026-06-09T10:08:30","date_gmt":"2026-06-09T07:08:30","guid":{"rendered":"https:\/\/zalebs.com\/news\/dangote-refinery-could-have-kept-nigerias-fuel-price-near-%e2%82%a65000-%e2%82%a66000\/"},"modified":"2026-06-09T10:08:30","modified_gmt":"2026-06-09T07:08:30","slug":"dangote-refinery-could-have-kept-nigerias-fuel-price-near-%e2%82%a65000-%e2%82%a66000","status":"publish","type":"post","link":"https:\/\/zalebs.com\/news\/dangote-refinery-could-have-kept-nigerias-fuel-price-near-%e2%82%a65000-%e2%82%a66000\/","title":{"rendered":"Dangote Refinery Could Have Kept Nigeria\u2019s Fuel Price Near \u20a65,000\u2013\u20a66,000"},"content":{"rendered":"<p>Nigeria\u2019s fuel price would likely have climbed sharply to roughly \u20a65,000\u2013\u20a66,000 per litre without the country\u2019s Dangote Refinery, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned. The association linked the relief in pump prices to the refinery\u2019s role in cushioning domestic supply during the wider turmoil affecting global energy markets.<\/p>\n<h3>Quick facts<\/h3>\n<ul>\n<li>IPMAN said Nigeria\u2019s petrol price could have risen to between \u20a65,000 and \u20a66,000 per litre without Dangote Refinery.<\/li>\n<li>IPMAN\u2019s spokesperson, Chinedu Ukadike, made the comments in an interview on Monday.<\/li>\n<li>Ukadike attributed the current nationwide fuel price decline to Dangote Refinery cutting its petrol gantry price.<\/li>\n<li>The refinery is described as processing about 700,000 barrels per day.<\/li>\n<li>IPMAN argued that continued reliance on imported petroleum products would have left Nigeria more exposed to the Middle East conflict, including the Iran and United States\u2013Israel war.<\/li>\n<li>Daily Post reported retail pump prices fell to between \u20a61,317 and \u20a61,360 per litre in Abuja, down from \u20a61,360\u2013\u20a61,370 per litre.<\/li>\n<\/ul>\n<p>IPMAN spokesman Chinedu Ukadike said the refinery\u2019s operational capacity has effectively acted as a \u201cbuffer\u201d for Nigeria\u2019s domestic fuel availability. His remarks came as retail prices eased across the country following Dangote Refinery\u2019s decision to reduce its petrol gantry pricing.<\/p>\n<p>Ukadike added that Nigeria has been able to benefit from the ongoing geopolitical stress in the Middle East, saying the environment has supported higher crude oil earnings. He also used the moment to thank Dangote Refinery for continuing to supply the local market with petroleum products.<\/p>\n<p>In his view, the shift away from heavy import dependence has changed Nigeria\u2019s exposure to external shocks. He argued that without the refinery\u2019s contribution, the country would have faced a more severe impact from the Iran conflict and the United States\u2013Israel war, which has reportedly lasted more than three months.<\/p>\n<p>\u201cNigeria is no longer dependent on petrol product imports,\u201d Ukadike said, framing the current pricing trend as evidence of improved energy resilience. He added that the petroleum product \u201cwould have been around \u20a66,000 or \u20a65,000 per litre\u201d without Dangote Refinery\u2019s intervention.<\/p>\n<p>Separately, Daily Post reported that retail pump prices have moved lower, with Abuja seeing fuel cost between \u20a61,317 and \u20a61,360 per litre. That compares with the previous range of roughly \u20a61,360 to \u20a61,370 per litre in the same city.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nigeria\u2019s fuel price would likely have climbed sharply to roughly \u20a65,000\u2013\u20a66,000 per litre without the country\u2019s Dangote Refinery, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned. The association linked the relief in pump prices to the refinery\u2019s role in cushioning domestic supply during the wider turmoil affecting global energy markets. Quick facts IPMAN [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_title":"Dangote Refinery: Nigeria Fuel Price Could Reach \u20a66,000","_yoast_wpseo_metadesc":"IPMAN warns that without Dangote Refinery\u2019s supply boost, Nigeria\u2019s petrol price could have surged to \u20a65,000\u2013\u20a66,000 per litre.","mma_seo_breadcrumb_text":"","mma_seo_breadcrumb_url":"","mma_seo_breadcrumb_hide_ui":"","mma_seo_breadcrumb_labels":[],"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1661","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dangote Refinery: Nigeria Fuel Price Could Reach \u20a66,000<\/title>\n<meta name=\"description\" content=\"IPMAN warns 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Over four years, she helped evolve the platform from a simple blog into one of South Africa\u2019s leading independent entertainment news sites. Following ZAlebs\u2019 transition to Celebrity Worx in 2016, Zibuyile was promoted to Executive Editor, recognized for her sharp audience insight and ability to match editorial with branded content. Highlights of her time include a Bookmark Award nomination, judging TLC\u2019s Next Great Presenter, reporting from the MTV EMAs, and building partnerships with radio stations like YFM, Cliff Central, and Good Hope FM. Her editorial work also expanded to include fast-growing digital verticals\u2014such as lifestyle tech, online entertainment, and gambling-related content\u2014tailored to evolving reader interests and brand opportunities.","sameAs":["https:\/\/za.linkedin.com\/in\/zibuyile-dladla-9a26628a"],"url":"https:\/\/zalebs.com\/news\/author\/zibuyile-dladla\/"}]}},"_links":{"self":[{"href":"https:\/\/zalebs.com\/news\/wp-json\/wp\/v2\/posts\/1661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zalebs.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zalebs.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zalebs.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/zalebs.com\/news\/wp-json\/wp\/v2\/comments?post=1661"}],"version-history":[{"count":0,"href":"https:\/\/zalebs.com\/news\/wp-json\/wp\/v2\/posts\/1661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zalebs.com\/news\/wp-json\/wp\/v2\/media\/1660"}],"wp:attachment":[{"href":"https:\/\/zalebs.com\/news\/wp-json\/wp\/v2\/media?parent=1661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zalebs.com\/news\/wp-json\/wp\/v2\/categories?post=1661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zalebs.com\/news\/wp-json\/wp\/v2\/tags?post=1661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}