Senator Shehu Sani criticizes rising petrol prices despite Dangote refinery’s operation
Senator Shehu Sani has voiced his disappointment over the increasing petrol prices in Nigeria, contrasting public expectations of lower costs with the Dangote Refinery’s recent price adjustment.
In a post shared on X (formerly Twitter), Sani remarked, “The expectation was that Dangote Refinery will crash the price of petrol; the news that it’s increasing is baffling.”
The criticism follows an announcement by Dangote Petroleum Refinery revealing an upward revision in the price of Premium Motor Spirit (PMS).
The refinery now sells PMS at ₦955 per litre for customers purchasing 2 to 4.99 million litres, and ₦950 per litre for purchases exceeding 5 million litres.
This represents a 6.17% rise, amounting to an increase of ₦55.5 per litre compared to the discounted holiday price of ₦899.50 per litre in December 2024.
Consequently, petrol is retailing between ₦1,030 and ₦1,050 per litre at outlets nationwide, prompting widespread dissatisfaction.
The price surge has dashed the hopes of many Nigerians who believed the refinery’s operations would lower fuel costs, alleviating financial pressures on households already grappling with economic challenges.
The Dangote Refinery, Africa’s largest oil refinery, was seen as a beacon of hope for achieving energy self-sufficiency and reducing reliance on imported fuel. However, the current price adjustment has fueled public outcry, with calls for measures to address the rising costs and their impact on citizens.
