Dangote Petroleum Refinery has begun nationwide sales of petrol at a new pump price of ₦739 per litre across all MRS Oil Nigeria Plc filling stations, offering fresh relief to motorists and businesses amid rising living costs.
The refinery announced on Sunday that the new price will be implemented at over 2,000 MRS stations nationwide, ensuring that consumers across the country benefit from the reduction. The move is seen as a major step towards stabilising Nigeria’s downstream petroleum sector and easing pressure on households during the festive season.
Commending MRS and other marketers who have already adjusted their pump prices, the refinery urged more fuel retailers to support the initiative in the interest of national economic recovery.
“We commend MRS and other marketers who have shown patriotism by reflecting the reduced price at the pump. We urge others to join this effort as a contribution to Nigeria’s economic recovery,” the company said.
Traditionally, the festive period in Nigeria is marked by fuel shortages and sudden price increases. However, Dangote Refinery says it is changing that narrative by cutting prices at a time when many Nigerians usually brace for hardship.
With a guaranteed daily supply of 50 million litres, the refinery said it is ensuring steady availability of petrol throughout the holiday season, significantly reducing the risk of scarcity.
By refining petroleum products locally at scale, Dangote Refinery noted that Nigeria is now less exposed to volatile global oil markets. The approach also helps conserve foreign exchange, support the naira, and strengthen the country’s energy security.
The sustained price reduction and steady supply, according to the refinery, are already bringing relief to households, transport operators, and businesses nationwide.
However, the company warned against attempts by some operators to deliberately create artificial scarcity in response to the price cut. It called on regulatory agencies to remain alert and act firmly against such practices.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable, especially during this critical festive period,” the statement said.
Consumers were also advised to avoid buying fuel at inflated prices when cheaper, locally refined alternatives are available. Nigerians were encouraged to patronise MRS stations selling petrol at the approved ₦739 per litre and to report any violations.
“Nigerians should avoid purchasing PMS at excessively high prices when they can access high-quality fuel at ₦739 per litre from over 2,000 MRS stations nationwide,” the refinery said, adding that complaints can be reported via 0800 123 5264.
Dangote Petroleum Refinery further appealed to other petrol station operators to patronise its products so that the benefits of the price reduction can reach more Nigerians and promote a more stable fuel market.
Reaffirming its long-term commitment, the refinery said its operations are driven by national interest rather than short-term market pressures.
“Our objective remains clear: to ensure a steady supply of high-quality petroleum products at affordable prices for Nigerians, while supporting economic stability and reducing dependence on imports,” the company concluded.
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