Dangote Refinery 4.webp
The Digest:

Dangote Petroleum Refinery has officially slashed the pump price of petrol to ₦739 per litre across all MRS Oil Nigeria stations nationwide, positioning the move as a decisive market intervention ahead of the festive season.

Key Points:
  • The new price is effective across MRS’s network of over 2,000 stations
  • Dangote commended MRS for “patriotism” in implementing the reduction
  • The refinery warned against artificial scarcity or price manipulation by “unscrupulous” operators
  • Consumers are urged to report any MRS outlet selling above ₦739 via a dedicated hotline
  • The initiative is backed by a daily 50-million-litre supply guarantee to stabilize the market
  • Dangote stated local refining reduces forex exposure, supports the naira, and boosts energy security
  • Other station operators are encouraged to source products from Dangote to extend the price benefit
  • The refinery framed its pricing as anchored in “long-term national interest,” not short-term profit
In a market long haunted by volatility and import dependency, this price cut represents more than a number; it is an attempt to calm a perennial storm, offering a glimpse of a future where fuel affordability is anchored not in distant ports but in local refining might.

Sources: Daily Post, Vanguard