Private petroleum depots in Lagos have increased the ex-depot price of Premium Motor Spirit (petrol) to N800/litre.
This was confirmed by data obtained from petroleumprice.ng on Saturday.
It showed that the average cost of petrol at private depots increased sharply within 48 hours, tightening margins for marketers and raising fresh concerns over an imminent spike in retail pump prices nationwide.
In Lagos, Dangote depot, which consistently offers the lowest petrol price sold PMS at N703 per litre on Friday, up from N702.50 on Wednesday, December 31, 2025. While the increase at Dangote was marginal, other private depots recorded steeper adjustments.
Eterna and Integrated depots raised petrol prices to N800 per litre on Friday, compared with N726 per litre at Shellplux and AIPEC earlier in the week, indicating a jump of N74 per litre within two days.
Similarly, Aiteo and Lister depots sold petrol at N780 per litre, up from N750–N760 band recorded on Wednesday.
