Fuel station owners have adjusted their petrol pump prices to reflect the recent changes in pump prices
Our correspondent’s checks reveal that many filling stations have lowered their prices, aligning with Dangote’s decision to reduce the ex-depot price.
During visits to several retail stations, it was noted that the price of Premium Motor Spirit (petrol) is no longer at N950 per litre, reflecting these positive adjustments in the fuel market. …CONTINUE READING
Major oil marketers in Nigeria have adjusted their pump prices for Premium Motor Spirit (PMS) also known as petrol following recent developments in the petroleum sector
Most of the filling stations are selling fuel between N925 and N950 per litre. For instance, an Ardova filling station in Ikotun has reduced its petrol pump price from N950 per litre to N940.
Similarly, Mobil and Matrix filling stations, which were selling at N940 per litre, have also reduced their prices.
Mobil now sells one litre of petrol at N945, while Matrix sells at N940. Total Energis sells at N942 while Petrocam sells at N960.
Punch reports that NNPC retail stations are selling fuel at N960 per litre in Lagos.
Meanwhile, there are two filling stations selling petrol at lower prices than the NNPC Limited’s official rate of N935 per litre in Lagos.
Checks by Legit.ng showed that the MRS filling station has set its pump price at N925 per litre, while the Heyden filling station is selling at N940 per litre.
The prices set by these two oil marketers represent a difference of N20 and N5 per litre, respectively, compared to NNPC’s pump price. MRS in a statement released on x said:
Here is MRS price breakdown by region Lagos – N925
South West – N935
North – N945
South East – N955 Read
