Nigerian petroleum marketers have implemented a fresh premium motor spirit (PMS) price reduction following Dangote Refinery’s announcement of a downward price review.
A DAILY POST correspondent who went around Abuja observed that MRS Filling, Bova, and AP Ardova PLC have all adjusted their petrol prices.
At MRS filling stations along Kubwa and Lugbe Expressway, DAILY POST observed that petrol has reduced to ₦895 per litre from ₦910.
Bova filling station at Berger, Wuse Zone 6, and AP Ardova PLC filling station at Lifecamp Junction have also reduced their petrol price to ₦895 per litre.
The spokesperson of the Independent Petroleum Marketers Association of Nigeria (IPMAN) confirmed to DAILY POST on Thursday that the majority of their members would review their petrol pump prices downward following Dangote Refinery’s new price template.
“Our members will have to review their prices downward to remain competitive, following Dangote Refinery’s latest petrol price cut,” he told DAILY POST in a telephone interview.
Recall that on Thursday, the 650,000 barrels-per-day refinery released a new fuel retail price template for its partners, including MRS filling stations.
Dangote Refinery’s latest price template indicated a ₦15 per litre petrol price drop nationwide.
This means that Dangote Refinery partners would now sell petrol between ₦875 and ₦905 per litre, down from the previous ₦890 to ₦910 range announced in April 2025.
Meanwhile, the Nigerian National Petroleum Company Limited (NNPCL) continues to dispense fuel in Abuja and its environs at ₦910 per litre as of Friday morning.
Similarly, other fuel retail outlets are selling the product at between ₦910 and ₦920 per litre in the nation’s capital.
For instance, Empire Filling Station and Ranoil have reduced their prices to ₦919 and ₦910 per litre, respectively, from ₦927 and ₦920.
