Dangote Petroleum Refinery has called on Nigerians to actively report any MRS filling station selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, as the refinery formally rolls out nationwide fuel sales at the reduced rate.
In a statement issued on Sunday, December 21, 2025, the refinery said the directive became necessary following the commencement of uniform petrol sales across all outlets operated by MRS Oil Nigeria Plc. According to the company, the new price regime is aimed at ensuring that Nigerians fully benefit from locally refined fuel and that no consumer is exploited through arbitrary pricing.
The refinery described the price cut as a major milestone in its broader mission to deliver affordable energy products to Nigerians while helping to stabilise the country’s downstream petroleum market. It explained that the partnership with MRS, which operates over 2,000 filling stations nationwide, provides a wide distribution network capable of translating refinery-level price reductions directly to consumers at the pump.
Dangote Refinery stressed that the success of the initiative depends largely on full compliance by retail outlets. It therefore encouraged members of the public to play an active role in monitoring pump prices and reporting any violations. Consumers were advised to contact a dedicated hotline if they encounter any MRS station selling PMS above the approved N739 per litre, noting that transparency and public vigilance are critical to sustaining the new pricing framework.
The refinery also commended MRS and other marketers that have already complied with the reduced pump price, describing their actions as a show of patriotism and support for Nigeria’s economic recovery. It urged other marketers to follow suit, arguing that broad adoption of the new pricing structure would help ease inflationary pressures, reduce transportation costs, and improve household welfare during a challenging economic period.
Backed by a guaranteed daily supply of up to 50 million litres of petrol, Dangote Refinery said the initiative significantly alters fuel supply dynamics, particularly during the festive season when demand typically rises. By refining petroleum products locally at scale, the company noted that Nigeria’s dependence on imported fuel is being reduced, thereby lowering exposure to volatile international oil markets.
The refinery further highlighted the macroeconomic benefits of local refining, including conservation of foreign exchange, support for naira stability, and enhanced national energy security. It said the sustained availability of petrol at a lower price is already providing measurable relief to households, transport operators, and small businesses, many of which are grappling with rising operating costs.
However, Dangote Refinery warned against attempts by what it described as “unscrupulous operators” to undermine the new pricing regime by creating artificial scarcity or manipulating supply. Such actions, it said, are unacceptable and run contrary to national interests. The company called on relevant regulatory and enforcement agencies to remain vigilant and take decisive action against any marketers found engaging in hoarding, price gouging, or other anti-competitive practices, especially during the critical holiday period.
Consumers were also advised to resist purchasing petrol at inflated prices when cheaper, high-quality, locally refined alternatives are readily available. The refinery emphasised that Nigerians have a choice and should patronise stations that comply with the approved price, thereby reinforcing market discipline and encouraging fair competition.
Providing further context, the refinery recalled that earlier in December 2025 it reduced its gantry price for petrol to N699 per litre from N828 per litre, representing a N129 per litre drop or about 15.6 percent. In another move to widen access, it also cut the minimum purchase volume for marketers from 500,000 litres to 250,000 litres, enabling more operators to buy directly from the refinery and pass on the savings to consumers.
Overall, Dangote Refinery said its pricing and supply initiatives are designed to deliver broad-based economic relief, deepen market stability, and ensure that the benefits of Nigeria’s growing domestic refining capacity are felt by citizens across the country.
Emmanuel Bassey is a Financial Expert that has worked in the Banking and Finance Industry for over 15+ years across different banks in Nigeria
