
Pump's Burden: MRS, a major distributor of Dangote Petroleum Refinery, has announced new, higher pump prices for Premium Motor Spirit (petrol) across Nigeria, effective June 21, 2025. This move follows a recent 6.7 percent adjustment in the refinery's ex-depot price to N880 per litre from N825, now placing a new burden at the pump for consumers, as reported by Vanguard.
- New pump prices include Lagos at N925, South West N935, and North East N955 per litre.
- The price hike by MRS directly follows Dangote Refinery's increase in its ex-depot petrol price.
- MRS stated that the new prices take effect from June 21, 2025, and encouraged public reporting of non-compliant stations.
- Major Energies Marketers Association of Nigeria (MEMAN) will engage Dangote Refinery and regulators to understand the nationwide distribution plan.
Sources: Vanguard