Oil Marketers Slash Petrol Price

As of yesterday, oil marketers were still selling petrol at N1,060 per litre, according to Vanguard’s observations in Lagos and surrounding areas.

However, today’s checks revealed that MRS, a major marketer, and others had adjusted their pump prices accordingly.

Read Also: Dangote Slashes Petrol Price

When reached for comment, MRS Chairman Alhaji Sayyu Idris Dantata declined to provide a statement.

However, a visit to the company’s filling station in Ojota, Lagos, confirmed that MRS has now adopted the new price of N939.50 per litre.

Meanwhile, Dangote Petroleum Refinery has also reduced its ex-pump price of petrol to N899.50 per litre, down from N970 per litre.

The refinery stated that the price reduction was aimed at providing much-needed relief for Nigerians ahead of the holiday season.