FuelLink Intelligenceas of Aug 2026 (latest reported points)

Gantry price tracker

Every litre of PMS in Nigeria carries a price from the same three places: the refinery gantry (DPRP and NNPCL), the NNPC price-revision basis, and NMDPRA's indicative state pump prices. This is that ladder — the spread between its rungs is the margin the whole trade lives on.

Source: NMDPRA fact sheets + NNPC/DPRP revisions as reported

DPRP ex-gantry PMS (2026)

₦1,075–₦1,175

observed range, as reported

NNPC basis (Jul 2026)

₦1,110

lowest point of the 2026 correction cycle

Indicative Lagos (Apr 2026)

₦1,284.05

NMDPRA indicative pump price

Indicative Abuja (Apr 2026)

₦1,333.05

NMDPRA indicative pump price

PMS ladder, Oct 2025 → Aug 2026

Dated points only — NNPC revisions published without a month (₦1,320 → ₦1,150) sit in the table below. Orange band: DPRP ex-gantry range.

The ladder, rung by rung (Apr 2026)

1
DPRP ex-gantry
₦1,075 – ₦1,175
Dangote's product leaves the gantry here.
2
NNPC price-revision basis
₦1,110
NNPC's monthly directive basis (July 2026: ₦1,110/L).
3
NMDPRA indicative — Lagos
₦1,284.05
Regulator's indicative pump price (Apr 2026).
4
NMDPRA indicative — Abuja
₦1,333.05
Abuja runs the highest indicative of the 8 states (Apr 2026).

Apr 2026 gantry→Lagos-pump spread: ₦159.05 per litre vs the mid of the DPRP band (₦109.05 to ₦209.05across the band) derived — before trucking, storage and risk. This is the margin a marketer's logistics must fit inside.

2026 correction cycle

Through 2026 the NNPC basis moved ₦1,320 → ₦1,150 → ₦1,110 (July) and then the indicative pump prices rebounded to ₦1,265 (Lagos) / ₦1,335 (Abuja) in early August — a ₦155 swing back in Lagos within weeks.derived

Two 2026 NNPC revisions (₦1,320, ₦1,150) were published without a month in the sources we hold, so they are stored as “2026” and kept out of the timeline chart. We do not guess months.

All reported points

Date	Issuer	Basis	Price (₦/L)	Note	Source
Oct 2025	NMDPRA indicative — Lagos	indicative	₦914.5	not reported	fact sheet
Oct 2025	NMDPRA indicative — Abuja	indicative	₦947	not reported	fact sheet
2026	NNPC (price revision)	indicative	₦1,320	Start of the 2026 correction cycle (month not itemised in source)	NNPC DRC monthly price revisions (2026), as reported
2026	NNPC (price revision)	indicative	₦1,150	Mid-correction-cycle revision (month not itemised in source)	NNPC DRC monthly price revisions (2026), as reported
2026	DPRP (ex-gantry)	gantry	₦1,075 – ₦1,175	Observed ex-gantry range ~₦1,075–1,175/L through 2026	DPRP ex-gantry PMS (as reported, 2026)
Mar 2026	NMDPRA indicative — Lagos	indicative	₦1,249.01	not reported	fact sheet
Mar 2026	NMDPRA indicative — Abuja	indicative	₦1,286.81	not reported	fact sheet
Apr 2026	NMDPRA indicative — Lagos	indicative	₦1,284.05	not reported	fact sheet
Apr 2026	NMDPRA indicative — Abuja	indicative	₦1,333.05	not reported	fact sheet
Jul 2026	NNPC (price revision)	indicative	₦1,110	Lowest point of the 2026 correction cycle	NNPC price revision, July 2026 (as reported)
Aug 2026	NMDPRA indicative — Lagos	indicative	₦1,265	Rebound — Lagos	NNPC price revision, early Aug 2026 (as reported)
Aug 2026	NMDPRA indicative — Abuja	indicative	₦1,335	Rebound — Abuja	NNPC price revision, early Aug 2026 (as reported)