BlockForecast

economy · Open for trading · Resolves Aug 2, 2026, 11:59 PM UTC

Will Dangote's ex-depot petrol price reach ₦1,400/litre or higher by July 31, 2026?

58% YES · 42% NO — $0 traded · 0 unique traders. Trade this market on BlockForecast, Africa's prediction market on Base. Settle in USDC.

Dangote Refinery sets the ex-depot (gantry) PMS price that drives pump prices nationwide. It has climbed in 2026 from ₦699 → ₦774 → ₦1,175 → ₦1,275 → ₦1,350, with crude-linked ₦75 step increases. ₦1,400 is the next psychological level.

Resolution criteria

Resolves YES if Dangote Refinery's published ex-depot (gantry) PMS/petrol price is ₦1,400 per litre or higher on any day on or before July 31, 2026, per Dangote/PETROAN/credible Nigerian business media. Resolves NO if it stays below ₦1,400 through July 31, 2026.

Market details

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