Dangote Refinery: MRS, Nigerian Depot Owners Reduce Petrol Prices as Competition Intensifies
SNOW TV NEWS DESKNigerian motorists may get some relief at the fuel pumps as MRS filling stations and petroleum depot owners have adjusted their Premium Motor Spirit (PMS) prices downward following a reduction in the ex-depot price of petrol supplied by Dangote Refinery.An MRS filling station manager in Abuja, who spoke on condition of anonymity, confirmed that the company had reduced its retail petrol price to N1,399 per liter from N1,408.The adjustment represents an N9 reduction per liter, offering motorists a modest reprieve amid persistent concerns over the high cost of transportation and living expenses.The retail price reduction follows a downward adjustment by depot owners and independent marketers purchasing petrol from Dangote Refinery. Their ex-depot prices re...