MRS Filling Stations Cut Petrol Price by N25 Per Litre After Dangote Refinery Reduction
MRS filling stations have reduced the pump price of petrol, offering some relief to motorists after the Dangote Petroleum Refinery cut its own gantry price. The new MRS petrol price was observed at outlets in Abuja, where the retailer lowered its rate by ₦25 per litre to ₦1,370.
The reduced price was seen at MRS stations in Katampe and along the Lugbe Expressway. At the new rate, a motorist buying 50 litres of petrol would pay ₦68,500 instead of ₦69,750, a saving of ₦1,250 on a single purchase.
The reduction follows a similar move at the refinery. About a week earlier, the Dangote refinery lowered its petrol gantry price by ₦25, from ₦1,350 to ₦1,325 per litre. That raised expectations that filling stations supplied by the plant would pass part of the cut on to consumers. MRS is one of the major fuel retailers associated with the distribution of the refinery’s products, so its adjustment is seen as an early sign that the lower price is reaching retail pumps.
Depot prices across the country also eased. Other Lagos marketers, including Ascon, Integrated, Pinnacle and Sahara, cut their prices by ₦24 per litre. MRS reduced its own depot price by ₦20 to ₦1,332, while Wosbab quoted ₦1,330. According to depot price data, reductions were recorded in Lagos, Port Harcourt, Calabar and Warri.
The cuts came as global oil prices retreated. Brent crude fell below $100 per barrel from about $109 the previous week, easing pressure on the cost of refined products. The reports did not confirm whether every MRS or NNPC outlet had lowered its pump price, and the ₦25 reduction was documented at selected stations in Abuja.
Pump prices in Nigeria depend on more than the refinery’s gantry rate. Transportation, logistics, operating costs and the price at which each marketer buys supplies all affect what motorists finally pay. That is why prices often differ from one city, and even one station, to another.
The downstream regulator has also become involved. The Nigerian Midstream and Downstream Petroleum Regulatory Authority announced a consultative meeting with refiners, depot owners, marketers and retailers to discuss the pricing of petrol and other products. Separately, the Federal Government approved the importation of 830,000 metric tonnes of petrol for the fourth quarter of 2026 as the country prepares for higher demand during the Christmas season.
For motorists and transport operators who have struggled with high fuel costs, even a modest cut matters. Analysts say the key question is whether the MRS reduction stays limited to a few outlets or triggers wider cuts among other retailers in Abuja and beyond.
Motorists are advised to compare prices at nearby stations, since rates can change quickly with movements in crude oil and depot prices.
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