Dangote Refinery announced the increase in price of petrol on 17 January. Explaining the reason for the hike, Mr Anthony Echiejina, Head of Corporate Communications, Dangote Industries, in a statement on Sunday in Lagos attributed it to the increase in global crude oil prices. The Dangote group spokesperson added that the fluctuation in global crude prices impacted the cost of producing PMS, as crude oil remained the primary input in petrol production.