Dangote Petroleum Refinery has launched a nationwide sales campaign, offering Premium Motor Spirit (PMS), also known as petrol, at a reduced price of ₦739 per litre across all MRS Oil Nigeria Plc filling stations. The price cut is part of the company’s effort to provide affordable fuel to Nigerians and stabilize the downstream petroleum market. With a network of over 2,000 MRS stations, the refinery aims to make the new pricing accessible to consumers nationwide.
The reduction is viewed as a significant milestone in the refinery’s mission to deliver affordable fuel and is expected to positively impact the country’s economic recovery. The company has praised marketers who have adopted the new pricing regime and urged others to follow suit. Dangote Petroleum Refinery has also guaranteed a daily supply of 50 million litres, a volume that should alter supply dynamics during the holiday period.
By refining locally on a large scale, the refinery reduces Nigeria’s exposure to volatile global markets, conserves foreign exchange, stabilizes the naira, and strengthens energy security. This sustained price cut and steady supply provide relief to households, businesses, and transport operators nationwide. However, the refinery warned against unscrupulous operators attempting to create artificial scarcity in response to the price reduction and called on government agencies to take firm action against such practices, especially during the festive period.
Consumers are advised to avoid purchasing fuel at inflated prices and to report any MRS station selling above the approved price by contacting the refinery’s customer service. The refinery reaffirmed its commitment to steady supply, price moderation, and energy security, emphasizing that its operations are anchored in long‑term national interest rather than short‑term market pressures. Its objective is to ensure a consistent supply of high‑quality petroleum products at affordable prices for Nigerians, supporting economic stability and reducing dependence on imports. This initiative marks a significant step toward achieving the goal of affordable fuel and a stable downstream petroleum market.
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