Optima Energy to Sell Dangote Refinery Petrol as Price List for States Is Announced
- Dangote petrol will be sold at Optima Energy filling stations at the newly announced prices by the refinery
- Optima Energy joins the list of companies distributing and selling petroleum products from the refinery at affordable rates
- Dangote Refinery has expressed its commitment to helping Nigerians access cheaper fuel, fostering increased competition in the market
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Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Optima Energy has been added to the list of companies distributing and selling petroleum products from the Dangote refinery.
The oil company joins MRS, Heyden, and Ardova Plc as key partners in the supply chain for Dangote petrol.
Source: Getty Images
The Dangote Group announced the addition of Optima Energy on Tuesday, March 4 as part of its strategy to expand the reach of its petroleum products.
This comes as the refinery reduced its petrol price to N825 per litre at the gantry and directed its partners to sell below N900 per litre, with rates varying by location.
Dangote petrol prices
Optimus Energy filling stations will be selling Dangote petrol at the same price offered by Ardova and also Heyden.
MRS remains the filling station offering the lowest petrol prices.
The company said in a statement:
“Nigerians will be able to purchase high-quality Dangote petrol at the following prices across our partners’ retail outlets: For MRS Holdings stations, it will be sold for N860 per litre in Lagos, N870 per litre in the South-West, N880 per litre in the North, and N890 per litre in the South-South and South-East regions."
It added that the same pricing structure would apply to Ardova Petroleum (AP) and Heyden stations, with petrol sold at N865 per litre in Lagos, N875 per litre in the South-West, N885 per litre in the North, and N895 per litre in the South-South and South-East.
Source: Getty Images
Dangote refind Nigerians
Dangote refinery has promised to refund Nigerians who buy petrol above the advertised prices, Punch reports.
The statement added.
“It is both unpatriotic and detrimental to the welfare of Nigerians for any party to purchase at a rate of N825 per litre and then sell to consumers at N945 or more per litre. This constitutes excessive profiteering, further burdening Nigerians for personal gain.
"Consumers who purchase fuel above the advertised rate at any of its key partners (Ardova Plc (AP), Heyden, or MRS) anywhere in Nigeria are encouraged to report to Dangote refinery with their receipts for a full refund of the excess amount."
NNPC reduces fuel price
In a previous report by Legit.ng, it was revealed that the Nigerian National Petroleum Company Limited (NNPC) had reduced its pump price of petrol to N860 per litre.
The new NNPC price became effective on Monday, March 3, 2025, marking an important reduction from the previous price of N920 per litre, relieving Nigerians grappling with high living costs.
The NNPC price reduction sparked a wave of competition among private dealers.
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Proofreading by Muhammed Kola, copy editor at Legit.ng.
Source: Legit.ng
Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.
Muhammed Kola (Copyeditor) Kola Muhammed is an experienced content strategist who has overseen content and public relations strategies for some of the biggest (media) brands in Sub-Saharan Africa.
