The Nigerian National Petroleum Company Limited (NNPCL) is considering a new reduction in the price of Premium Motor Spirit (PMS), popularly known as fuel or petrol, following the MRS filling station’s announcement of a price cut in collaboration with Dangote Refinery on Monday. This development comes after the MRS filling station announced a price reduction for the first time in 2025. The oil company recently stated on its official X account that the new pump price has decreased to N925 per litre in Lagos, with prices of N933 in the…
Tag: Fuel Price
Petrol Price Drops To ₦939.50 Per Litre
Oil marketers sourcing Premium Motor Spirit (PMS), commonly referred to as petrol, from Dangote Petroleum Refinery have reduced the price of the product by 11.8%, bringing it down to N939.50 per litre from the previous N1,060 per litre. As of yesterday, petrol was still being sold at N1,060 per litre, according to checks conducted by Vanguard in Lagos and surrounding areas. However, investigations by Saturday Vanguard on Friday revealed that MRS, a prominent marketer, along with a few others, have revised their pump prices. When approached for comment, MRS Chairman…
Tinubu Can Reduce Fuel Price To N300 – Bode George
A prominent leader of the Peoples Democratic Party (PDP), Bode George, has called upon President Bola Tinubu to lower the petrol pump price to N300 per litre. George expressed optimism that Tinubu can bear the cost, suggesting that this reduction should begin in mid-December and continue until the end of January. The former Deputy National Chairman of the PDP emphasized that such a measure would allow Nigerians to enjoy the festive season. During a press conference held in Lagos on Wednesday, George stated that it is time for Tinubu to…
BREAKING: NNPC Hikes Fuel Price In Abuja, Lagos
Petrol stations operated by the Nigerian National Petroleum Corporation Limited (NNPCL) have raised the fuel pump price. On Wednesday, reports revealed that the fuel price, which was previously N897 in Abuja, the nation’s capital city, has now increased to N1,030. Journalists who visited the NNPC station in Maitama noted that motorists were lined up to purchase fuel, despite expressing dissatisfaction. At another NNPC location in Gudu and Abuja, drivers were seen waiting for attendants to begin sales. When inquired about the station’s fuel availability, an attendant told Daily Trust that…