‘Report MRS Stations Selling Petrol Above ₦739’, Dangote Refinery Tells Nigerians

Dangote Petroleum Refinery has urged Nigerians to report any MRS filling station selling Premium Motor Spirit (PMS), also known as petrol, above the approved pump price of ₦739 per litre, following the commencement of nationwide sales at the reduced rate.

The refinery announced that petrol is now being sold at ₦739 per litre across all MRS Oil Nigeria Plc outlets nationwide, describing the price adjustment as a significant step towards making fuel more affordable and stabilising the downstream petroleum sector.

In a statement issued on Sunday, the company said the price reduction aligns with its broader objective of easing the burden on consumers while supporting market stability.

With over 2,000 MRS stations spread across the country, the refinery stated that the new pricing regime is expected to be fully implemented nationwide, ensuring that consumers benefit uniformly from the reduction in prices.

The company also praised marketers who have complied with the new pricing structure and encouraged others to do the same in the national interest.

“We commend MRS and other marketers who have demonstrated patriotism by reflecting the reduced price at the pump. We call on others to join this effort as a show of support for Nigeria’s economic recovery,” the refinery stated.

Dangote Refinery disclosed that the initiative is supported by a guaranteed daily supply of 50 million litres of petrol, noting that this significantly changes supply dynamics, particularly during the festive season.

“By refining locally at scale, the refinery is reducing Nigeria’s exposure to volatile global markets, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This sustained price cut and steady supply are providing relief to households, businesses, and transport operators nationwide,” the Refinery stated.

The refinery further warned against attempts by what it described as “unscrupulous” operators to create artificial scarcity in response to the price cut, calling on regulatory authorities to intervene decisively.

“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable.

“We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.

Consumers were also advised to avoid buying fuel at inflated prices when cheaper, locally refined alternatives are available.

“We encourage Nigerians to avoid buying PMS at excessively high prices when they can access locally refined fuel at N739 per litre from over 2,000 MRS stations nationwide. Report any MRS station selling above N739 per litre by calling 0800 123 5264,” the refinery said.

“We also call on other petrol station operators to patronise our products so that the benefits of this price reduction can be passed on to Nigerians across all outlets, ensuring broad-based relief and a more stable downstream market.”

Reaffirming its long-term commitment to the country, the refinery stated that its operations are guided by national interest, with a focus on maintaining steady supply, promoting price moderation, and enhancing energy security.

“Our objective remains clear: to ensure consistent supply of high-quality petroleum products at affordable prices for Nigerians, while supporting economic stability and reducing dependence on imports,” the refinery stated.