Tag: Fuel Price

NNPCL Mulls Fresh Petrol Price Cut Amid Rivalry With Dangote Refinery, MRS

Richard
NNPCL Mulls Fresh Petrol Price Cut Amid Rivalry With Dangote Refinery, MRS

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…

Petrol Price Drops To ₦939.50 Per Litre

Richard
NNPCL Mulls Fresh Petrol Price Cut Amid Rivalry With Dangote Refinery, MRS

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…