Many Filling Stations Yet To Drop Petrol Price Despite Dangote’s ₦699/Litre Slash

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    Many filling stations across the country are yet to reduce their pump prices despite the latest reduction in price to ₦739 or ₦740 per litre by Dangote Refinery.

    Our correspondents who have been tracking fuel prices over the last few days found that many MRS retail outlets in Lagos and environs were selling at ₦850 per litre, about ₦110 more than the announced price for the product by the President, Dangote Group, Aliko Dangote.

    Dangote had assured Nigerians that all MRS filling stations would sell the product at ₦739 or ₦740 per litre.

    At the MRS filling station at  Alagbole,  a border town between Lagos and Ogun States, petrol sold for N850 per liter. Similarly, MRS filling stations on Ekoro Road, Abule Egba, sold between N825 and N870 per litre.

    At BOVAS filling station in Ojodu, it was N820 per litre while NNPC petrol station at Berger sold at N825.

    A petrol attendant in an MRS station in Alagbole, told The Nation that the price would be adjusted to N740 per litre from Monday.

    “Yes, we are still selling at N850 per litre today (yesterday) because we still have old stock. Once we take delivery of new stock at the new gantry price, then we will adjust our price to N750 per litre,” the female attendant said.

    Other major marketers retail outlets like Mobil, TotalEnergies, ConOil are still selling at between N850 and N890 per litre.

    Reports from Oyo, Delta and Enugu States showed that petrol price ranged between ₦830 and ₦900.

    But the situation is different in Abuja where some  filling stations, including NNPC, Ardova, AA Rano, and Bovas all in Abuja  have reduced petrol prices, with MRS now selling at N739 per litre.

    Some outlets in the nation’s capital are selling N70 cheaper, according to findings by our reporter.

    Last week, The Independent Petroleum Marketers Association of Nigeria (IPMAN) called on all its members nationwide to patronise the Dangote Refinery in their purchase of premium motor spirit (PMS) or petrol, noting that the refinery already offers the best affordable price for all marketers, even as free delivery commences in January 2026.

    IPMAN National President, Abubakar Maigandi, expressed delight over a recent agreement by the Dangote Petroleum Refinery to begin the supply of petrol directly to registered IPMAN members.

    “We are also excited at the recent agreement by the Dangote Refinery to begin the supply of PMS products directly to registered IPMAN members and its free delivery to our filling stations anywhere and everywhere in Nigeria which will commence in January 2026.

    “This will again, certainly lead to further decrease in the pump price of the products at our filing stations. Therefore, I am calling on all IPMAN members nationwide to prioritise patronising the Dangote Refinery in their purchase of PMS products, as they already offer the best affordable price for all marketers today,” he said.

    Credit: thenationonlineng.net

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