Dangote Introduces ₦739 Per Litre Petrol at MRS Stations Nationwide

Dangote Petroleum Refinery has begun nationwide distribution of Premium Motor Spirit (PMS) at a pump price of ₦739 per litre through all MRS Oil Nigeria Plc filling stations, marking a major step toward providing affordable fuel and stabilising Nigeria’s downstream petroleum sector.

In a statement issued on Sunday, the refinery noted that the new price would be reflected across more than 2,000 MRS stations nationwide, ensuring widespread access to the reduced rate. The company praised marketers that have adopted the pricing adjustment and encouraged others to do the same in support of the country’s economic recovery.

According to the refinery, the move comes at a time when Nigerians usually experience fuel shortages and price increases during the festive season. By lowering prices during this period, the refinery aims to ease pressure on consumers and disrupt the long-standing cycle of scarcity and hikes.

Supported by a guaranteed daily supply of 50 million litres, the initiative is expected to significantly improve fuel availability during the holidays. Local refining at scale is also helping to reduce reliance on volatile global markets, conserve foreign exchange, stabilise the naira, and enhance national energy security.

The refinery stated that the sustained price reduction and steady supply are already offering relief to households, businesses, and transport operators across the country.

It also warned against attempts by unscrupulous operators to create artificial scarcity in response to the price cut, calling on regulatory agencies to act firmly against such practices, especially during the festive period.

Consumers were advised to avoid purchasing petrol at inflated prices when cheaper, locally refined options are available. The refinery urged Nigerians to report any MRS station selling above the approved ₦739 per litre price.

Dangote Petroleum Refinery further appealed to other filling station operators to patronise its products so that the benefits of the price reduction can reach more Nigerians and promote stability in the downstream market.

Reaffirming its long-term commitment, the refinery stressed that its operations are focused on ensuring steady supply, price moderation, and energy security in the national interest.

“Our goal remains to provide Nigerians with consistent access to high-quality petroleum products at affordable prices, while strengthening economic stability and reducing dependence on imports,” the statement concluded.