Dangote backed filling stations, others increase fuel price
Dangote Refinery-backed MRS filling stations and others in parts of the FCT have increased their Premium Motor Spirit, PMS, pump price. A market survey by DAILY POST on Saturday showed that MRS filling stations along Kubwa Expressway, Lugbe Expressway and other locations in Abuja had increased their petrol price to N1,230 per litre from N1,210. […] Dangote backed filling stations, others increase…
MRS filling stations managed by Dangote Refinery and other petroleum retailers in Abuja have raised their Premium Motor Spirit (PMS) pump prices. According to a recent market survey conducted by DAILY POST, these stations have increased the price of petrol to N1,230 per litre from N1,210. Other fuel retailers like NNPCL, Rainoil, Empire Energy, and Nigerian Independent Petroleum Company have adjusted their petrol prices to N1,250 and N1,299 per litre, respectively.
This price hike amounts to an increase of N20 per litre for Nigerian filling stations. A spokesperson from an MRS filling station disclosed that the directive to raise prices came from the company's headquarters in Lagos, but no specific reason was provided. This move comes as Dangote Refinery itself has raised its petrol gantry price to N1,185 per litre from N1,165.
With Brent crude oil prices surpassing $94 per barrel, petrol buyers in Abuja and surrounding areas will now need to pay between N1,230 and N1,299 per litre. This price increase follows a recent reduction of N90 per litre by Nigerian filling stations, which had been implemented following Dangote Refinery's earlier cost-cutting measures.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
