As at today 3rd May 2025, Depot prices across Nigeria’s key depots showed slight fluctuations between 28 April and 2 May 2025.
The period recorded mixed price movements in Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), Aviation Turbine Kerosene (ATK), and Liquefied Petroleum Gas (LPG).
These changes, observed at Dangote Refinery and depots in Dockyard, Coconut, Satellite, Delta, Port Harcourt, and Calabar, reflect subtle shifts in demand, product availability, and logistical trends.
This weekly price review provides strategic insight for marketers, logistics operators, and downstream stakeholders navigating Nigeria’s volatile fuel market.
Dangote Refinery Prices: 28 April – 2 May 2025
- PMS: ₦838 → ₦840
- AGO: ₦944 → ₦946
- LPG: Stable at ₦830
- ATK: Stable at ₦1,000
Diesel (AGO) saw a mild dip, possibly due to surplus supply. PMS edged up slightly, while LPG and ATK remained unchanged, suggesting stable inland distribution.
Dockyard Axis Depot Prices
PMS:
- Aiteo: ₦837 → ₦838
- Nipco: ₦842 → ₦845
AGO:
- Nipco: Steady at ₦980
- Aiteo: ₦943 → ₦958
LPG:
- Nipco & Ardova: Both steady at ₦975
PMS prices dipped marginally, while AGO prices slid further at Aiteo. LPG showed price resilience across major marketers.
Coconut Axis Depot Prices
PMS:
- Sahara: Flat at ₦840
- Aipec: ₦838 → ₦839
AGO:
- Ibeto & Africa Terminal: ₦944→ ₦960
ATK:
- Sahara: Stable at ₦1,050
The Coconut axis saw downward movement in diesel prices, while PMS and ATK remained steady amid balanced supply-demand patterns.
Delta Depot Price Movement
PMS:
- Pinnacle, Matrix, Shafa, Zamson: All steady at ₦864–₦865
AGO:
- AYM Shafa: ₦987→ ₦992
- Pinnacle Warri: ₦987 → ₦995
- Taurus: ₦990 → ₦992
- Parker: ₦986→ ₦992
ATK:
- Matrix Warri: Flat at ₦1,010
The Delta region maintained strong PMS price stability, with slight drops in AGO likely tied to increased coastal supply inflow.
Port Harcourt Depot Prices
PMS:
- Liquid Bulk, SIGMUND, EVER: All flat at ₦870
AGO:
- Bulk Strategic: Held at ₦997
Port Harcourt’s depots remained unchanged for both PMS and AGO, indicating a well-regulated and balanced market.
Calabar Depot Price Summary
PMS:
- Fynefield & Mainland: Unchanged at ₦875
PMS prices remained firm, suggesting stable consumer demand and supply chain efficiency in Calabar.
Satellite Axis Price Review
PMS:
- AA Rano: ₦838 → ₦839
- Menj: ₦840 → ₦842
AGO:
- Mao: ₦943→₦960
- Chipet: ₦944→ ₦960
ATK:
- Rain Oil: Stable at ₦1,045
The Satellite corridor experienced minor downward movement in AGO and PMS prices, consistent with trends in neighboring depots.
Market Outlook & Industry Insight
Depot pricing in Nigeria for the week ending May 2, 2025, revealed a slightly bearish tone for AGO across most coastal terminals.
PMS prices were mostly stable, while LPG and ATK saw no major fluctuations. As Dangote’s refinery output stabilizes, pricing is expected to become more predictable.
For marketers and logistics planners, this review underscores the importance of real-time tracking and strategic stocking. Regulatory bodies like NMDPRA must continue to ensure transparency and fairness in product distribution.
