Following a partnership between Dangote Refinery and Petrochemical Plant and MRS Oil Nigeria Plc, the price of premium motor spirits popularly called petrol has crashed to N935/liter across all its retail service stations nationwide.
This follows a reduction in the ex-depot price from N970 to N899.50 per litre announced by the Dangote Refinery.
As a result, MRS Oil Nigeria Plc has instructed all its outlets to implement the new price immediately, setting up a digital platform and monitoring team to ensure full compliance. The company has also called on Nigerians to report any outlets that fail to adhere to the new price structure.