MRS reduces petrol price to N935/litre partners Dangote Refinery
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MRS reduces petrol price to N935/litre partners Dangote Refinery

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A new national fuel price of N935 per litre has been imposed across all of MRS Oil Nigeria Plc’s retail service stations, marking a significant change in the downstream oil industry in Nigeria.

In a recent announcement, Aliko Dangote, president of Dangote Industries Limited, said that the Dangote Petroleum Refinery has teamed up with MRS Oil and Gas to lower the ex-depot price of fuel from N970 to N899.50 per litre, allowing retail outlets to offer it at a price of N935 per litre.

As a result, MRS Oil Nigeria Plc has mandated the new price at all of its locations right away, along with the establishment of a digital platform and a team to oversee compliance. The business has also asked its Nigerian customers to report stores that do not implement the new pricing policy.

One honest Nigerian is Femi, who restored 21 million Naira to their rightful owner.time stamp 0:00 / 1:07

All throughout the country, you can find MRS Filling Stations selling petrol for N935. You are kindly asked to report any station that does not adhere to this tariff. Call 08009447853 or send an email to NG-FMKPMGWHISTLEBLOWING@NG.KPMG.COM, the firm said in a communiqué.

Highlighting the environmentally conscious aspect of its goods, MRS Oil emphasized, “We urge all petrol station owners to collaborate with MRS Oil Nigeria Plc in enhancing the supply chain of our cherished nation, guaranteeing product excellence and accessibility across the entire country for the advantage of all Nigerians.”*

Our reporters checked with MRS Oil and Gas locations around the country yesterday, and they all said the new price was in effect.

There was a long line of people waiting to fill up at MRS gas stations in Lagos. Numerous individuals conveyed their appreciation to Dangote Petroleum Refinery and MRS Oil and Gas, while also requesting that other marketers back the domestic refinery instead of bringing in items that do not meet specifications.

Commuter Mrs. Ibukun Phillips was overjoyed as her husband filled up their car at the MRS station in Alapere on the Lagos Ibadan Express road.

This is a really joyous day for me. According to her, this is a win for Nigeria. As far as holiday presents go, the price cut is tops.

In addition to the price cut, we are also saving money on regular, environmentally friendly gas. We are so convinced in the product’s quality and the importance of supporting local businesses that my husband and I have resolved to exclusively use MRS going forward.

Especially during the holiday season, commercial bus driver Adio Ajibade said the price cut was a huge relief.

The cut is a huge relief. Transportation expenses will be reduced, which is good news for Nigerians. “Alhaji Aliko Dangote will continue to be blessed,” he declared.

With this change, Dr. Akanni argues, “not only will Nigerians’ financial burdens be eased, but a more environmentally conscious approach to fuel consumption will be promoted, which will benefit both the economy and public health in the long term.”

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