Dangote Refinery commences sale of petrol at N739/litre, warns against price manipulation

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Dangote Petroleum Refinery has called on Nigerians to report any MRS Oil Nigeria Plc filling station selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved price of ₦739 per litre.

In a statement issued on Sunday, the refinery announced the commencement of nationwide sales of petrol at ₦739 per litre exclusively through over 2,000 MRS stations across the country. This price reduction, backed by a guaranteed daily supply of 50 million litres, aims to provide relief to consumers, stabilize the downstream market, and counter seasonal fuel scarcity often seen during the festive period.

The refinery commended MRS and other compliant marketers for “demonstrating patriotism” by implementing the reduced pump price, while urging other operators to patronize its products to extend the benefits nationwide.

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It strongly warned against “unscrupulous” attempts to create artificial scarcity or inflate prices, describing such actions as “unpatriotic” and calling on regulatory authorities to intervene firmly.

“We encourage Nigerians to avoid buying PMS at excessively high prices when they can access locally refined fuel at ₦739 per litre from over 2,000 MRS stations nationwide. Report any MRS station selling above ₦739 per litre by calling 0800 123 5264,” the statement reads in part.

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