MRS Filling Station Slashes Fuel Price to N905 to Compete with NNPCL

MRS Filling Station, a retail partner of Dangote Refinery, has reduced the pump price of Premium Motor Spirit (PMS) from N945 to N905 per litre in Abuja, in a strategic move to remain competitive with the Nigerian National Petroleum Company Limited (NNPCL) and other major petroleum marketers.

According to findings by BenriNews, the revised price took effect from Sunday, July 6, 2025, at MRS outlets located in Kubwa and along the Lugbe Expressway in Abuja. This adjustment follows an official announcement made by MRS via its X (formerly Twitter) account on Saturday, indicating a downward review of petrol prices nationwide.

The price reduction comes just days after Dangote Refinery slashed its fuel ex-depot price from N880 to N840 per litre, triggering reactions from downstream marketers eager to maintain price competitiveness and customer loyalty in Nigeria's volatile fuel market.

Regional Price Variations

The price adjustment by MRS varies across different regions of the country. In Lagos, petrol is now being dispensed at N885 per litre, making it the lowest in the country. The South-West region sees prices at N895 per litre, while consumers in the South-East will pay N915 per litre.

Meanwhile, NNPCL has also implemented a similar price reduction, adjusting its petrol price in Abuja to N910 per litre from the previous N945 over the weekend. This means that Nigerians residing in Lagos and Abuja now have access to relatively more affordable petrol, with prices ranging between N885 and N910 per litre at MRS and NNPCL outlets respectively.

However, as of Monday night, several other petrol marketers in Abuja continued to dispense the product at between N940 and N945 per litre, indicating that market-wide adjustments are yet to fully take effect across all retail outlets.

The recent price reductions by major players like MRS and NNPCL could potentially trigger a broader price war among petroleum marketers, which might lead to further relief for Nigerian consumers who have been grappling with high fuel costs in recent months.

Stay updated with the latest developments in Nigeria's petroleum sector by following BenriNews on Facebook, Twitter, LinkedIn, WhatsApp, and Telegram.