Dangote refinery increased petrol price to N1,245 per litre

Dangote Petroleum Refinery has increased the price of Premium Motor Spirit, also known as petrol following the escalating crisis in the Middle East.

In a notice sent to marketers on Friday evening, the refinery said the ex-depo price had been increased from N1,175 per liter to N1,245 per liter.

The new ex-depot price is N70 per liter higher than the old price.

This also increased the coastal price from N1,512,648 per metric ton to N1,606,518 per metric ton.

The new prices will take effect from midnight on March 21 (Saturday).

READ ALSO: Dangote refinery increases ex-depot price of petrol to N875 amid surge in crude oil

“Please note that due to the current escalating global geo-political situation, PMS gantry & coastal prices have been reviewed and updated as outlined below,” the notice read.

“The refinery increased the coastal price from N1,512,648 per metric ton to N1,606,518 per metric ton, while the gantry price increased from N1,175 per liter to N1,245 per liter.

“Please note that the revised prices will apply to all gantry and beach volumes removed and come into effect from 12:00 on March 21, 2026.”

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        Introduction  A free, independent, and vibrant press is one of the strongest pillars of any democratic society. It is against this background that most democratic countries  make constitutional provisions for a free press . Others even go further to enact specific laws to make affairs of governments freely available to the public. Currently, there are more than  130 countries in the world that have free press laws. They include Sweden, United States, France, South Africa and Nigeria. Nigeria did not only make  constitutional provisions in Sections 22 and 39(1) of the 1999 Constitution ( as amended) but also went ahead to enact the Freedom of Information Act  in 2011. Section 22 of the 1999  Constitution states: “ “The press, radio, television and other agencies of the mass media  shall at all times be free to uphold the fundamental objectives contained in this chapter( ie Chapter II) and uphold the responsibility and accountability of the Government to the people”  Section 39(1)  of same Constitution states : “Every person shall be entitled to freedom of expression, including freedom to hold opinions and to receive and impart ideas and information without interference” ..  To complement these constitutional provisions, Section 1 (1) of the Freedom of Information Act (FOIA) states “Notwithstanding anything contained in any other Act, law or regulation, the right of any person to access or request information, whether or not contained in any written form, which is in the custody or possession of any public official, agency or institution howsoever described, is established.” while Section  2(2), states that: “A public institution shall ensure the proper organization and maintenance of all information in its custody in a manner that facilitates public access to such information”  Primary Purpose of FOIA  According to the Act, its primary purpose is to make information about public records freely available to every Nigerian in the public interest. …

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