Dangote Refinery Announces New Petrol Prices After Reaching Agreement With NUPENG

• The Dangote Petroleum Refinery has reduced its petrol prices after reaching an agreement with NUPENG on workers’ unionisation
• Labour unions had threatened a strike over allegations that the refinery refused to allow employees to register with labour unions
• It took the efforts of the federal government to avert a nationwide strike that could have affected petrol supply

Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

Petrol prices at Dangote Refinery and several private depots were adjusted hours after a nationwide strike was averted on Tuesday, September 9.

Checks on Wednesday, September 10 showed that the ex-depot price at Africa’s largest refinery dropped from N840 to N835.

Legit.ng reported that on Tuesday, amidst concerns of industrial action by labour unions, Dangote Refinery increased petrol prices for marketers from N820 to N840 per litre.

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NUPENG shares every detail of agreement reached with Dangote, calls off strike

Dangote was not the only depot to make changes, as several other private depots also adjusted their prices.

Petroleumprice reports that Parker priced at N862.00, while A&E increased by N5.00 to N855.00 (0.59%) and Rainoil Delta also rose by N5.00 to N880.00 (0.57%). NIPCO Lagos remained at N850.00, Soroman held steady at N870.00,.

Dangote, NUPENG agreesjournalism

There were real concerns that if the strike had gone ahead, it could have led to a disruption in petrol supply.

The union had claimed that the management of Dangote Refinery and Petrochemicals Limited refused to allow their employees to be unionised under registered labour unions.an

However, officials of the refinery and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) were able to reach an agreement brokered by the federal government through the Minister of Labour, Muhammad Maigari Dingyadi.

NUPENG and Dangote Refinery also signed a Memorandum of Understanding (MoU) to resolve the dispute.

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New fuel prices emerge as Dangote, other depots shut down over NUPENG nationwide strike

In a memo shared by NUPENG the agrrement reached are:

“”Since workers’ unionization is a right in line with the provisions of existing laws, the management of Dangote Refinery and Petrochemicals agreed to the unionization of employees of Dangote Refinery and Petrochemicals who are willing to unionize.

“The process of unionization shall commence immediately and be completed within two weeks (9th–22nd September 2025). It was further agreed that the employer will not establish any other union.

“Arising from the strike notice, no worker or employee of Dangote Refinery and Petrochemicals shall be victimized.

“Parties will report back to the Honourable Minister of Labour one week after the conclusion of the engagement.

“Based on this Memorandum of Understanding (MoU), NUPENG agreed to suspend the industrial action with immediate effect.”

Dangote set to roll out CNG trucks for direct petrol delivery

Earlier, Legit.ng reported that with the imminent deployment of 4,000 Compressed Natural Gas (CNG) trucks by Dangote Petroleum Refinery, Nigeria’s downstream oil sector is abuzz with both anticipation and anxiety.

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Filling stations close as NUPENG, FG, Dangote talk collapses

The company’s free distribution model promises to cut costs for marketers but has sparked concerns about monopoly and job losses among industry players.

While IPMAN welcomed the move, other marketers and industry players call the move a Greek gift from the mega refinery.

Source: Legit.ng