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Where does your pump price come from?

Follow one litre down, from the world market to the pump. Every step has its source.

Here is one litre of petrol, from the world market to the pump, every step with its source.

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It starts with a barrel.

Brent crude closed at $114.89 a barrel. Spread over its 159 litres, that is ₦959 a litre before anything is done to it.

EIA via FRED · 22 Sept 2026

Refined at home, priced against imports.

Imported, a litre of petrol would land at about ₦1,372. Dangote sells it at ₦1,325 at the gantry.

MEMAN · 17 Sept 2026Dangote, via press · 21 Sept 2026

Then depots and stations take their share.

Lagos depots: ₦1,327. At the pump: ₦1,385. When a cut is announced, old stock slows it down.

Press report · 22 Sept 2026Press report · 24 Sept 2026

Down to the last litre, every naira explained.

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Today's price ladder

Petrol in Lagos, in naira per litre. Each step shows where the number comes from and when it was last checked.

  1. World market
    ₦959per litre
    EIA via FRED · 22 Sept 2026Brent ÷ 159 litres, at the day's exchange rate
  2. Import costMEMAN import parity
    ₦1,372per litre
    MEMAN · 17 Sept 2026
  3. Dangote
    ₦1,325per litre
    Dangote, via press · 21 Sept 2026
  4. Depot
    ₦1,327per litre
    Press report · 22 Sept 2026median of 6
  5. Pump
    ₦1,385per litre
    Press report · 24 Sept 2026
  1. World market
    ₦959per litre
    EIA via FRED · 22 Sept 2026Brent ÷ 159 litres, at the day's exchange rate
  2. Import costMEMAN import parity
    ₦1,935per litre
    MEMAN · 17 Sept 2026
  3. Dangote
    coming soon
  4. Depot
    coming soon
  5. Pump
    coming soon

Dangote has priced in US dollars since 13 July 2026. Naira figures are as reported by the press.

World benchmarks

When these move, Dangote's price tends to follow within days.

Brent

$114.89/ bbl▼ 1.26

Last 30 days · 22 Sept 2026

WTI

$96.41/ bbl▼ 0.56

Last 30 days · 22 Sept 2026

Daily spot price, US dollars per barrel. Source: US EIA via FRED (about one business day behind).

Pour a barrel

Press and hold to pour. Watch 159 litres of crude become the price of one litre in Lagos.

0 litres poured

  1. World market₦959
  2. Import cost₦1,372
  3. Dangote₦1,325
  4. Depot₦1,327
  5. Pump₦1,385

Pump prices in five cities

Same fuel, very different prices: taxes in London and Paris, a state cap in Riyadh, the open market in Lagos.

  1. LagosUS$1.04₦1,385 (local)Diesel: coming soon
  2. United KingdomUS$2.31£1.74 (local)Data: PetrolPrices.co.ukDiesel: US$2.64
  3. ParisUS$2.47€2.17 (local)Diesel: US$2.73
  4. New YorkUS$1.16$4.407/gal (local)Diesel: US$1.73
  5. RiyadhUS$0.62SAR 2.33 (local)Diesel: US$0.48

Petrol, US$ per litre. Converted to US dollars per litre at today's exchange rates. At 1,327 naira to the US dollar (28 Sept 2026).

  • Lagos: NNPC retail price, as reported by the press.
  • United Kingdom: national average of stations reporting to the UK Government Fuel Finder, aggregated by PetrolPrices.co.uk (petrol = E10). A London figure comes next.
  • Paris: median of stations updated in the last 7 days (petrol = E10).
  • New York: US EIA weekly survey, New York City regular petrol (converted from US gallons). Diesel is the Central Atlantic regional average.
  • Riyadh: Aramco national prices (petrol = 95 octane).

Questions

Dangote cut its price. Why hasn't my station?

Stations sell the stock they already bought at the old price. Depots usually follow within days; stations follow when they restock. The ladder shows the gap while it lasts.

Where do your numbers come from?

World prices from the US EIA via FRED. Dangote prices from its announcements as reported in the press, with a link to each report. Paris from France's open fuel-price data. The United Kingdom from the UK Government Fuel Finder, via PetrolPrices.co.uk. New York from the US EIA weekly survey. Riyadh from Aramco. Exchange rates from ExchangeRate-API. Every figure shows its source and date.

Is the import cost a real price?

It is the import parity published by MEMAN, the Major Energies Marketers Association of Nigeria: the world price of petrol plus freight, financing, port charges and levies, at the day's exchange rate. We show their latest figure and link to it.

Why does Dangote price in dollars?

Since 13 July 2026 the refinery has set its prices in US dollars. The press still reports a naira figure. We show both, and the exchange rate used.

Someone offered me Dangote fuel below the refinery's price. Is it real?

A price below the refinery's own price is a warning sign. Never pay a fee before a signed contract with a licensed company, and confirm bank details by phone on a number you found yourself.

Are you linked to Dangote?

No. This is an independent service by eKROWN Technologies, not affiliated with Dangote Industries, Aramco or any refinery.

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