The recent N65.00 reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly known as petrol, by Dangote Petroleum Refinery has sparked widespread reactions.
Dangote Refinery has partnered with MRS Oil and Gas stations to ensure consumers can access fuel at more affordable prices.
A recent TikTok video posted by @valorreviews showed a man comparing the running time of petrol from MRS and NNPC stations using two identical small Tiger generators, popularly called ‘I better pass my neighbour’ in Nigeria.
According to the video, petrol refined by Dangote and sold at MRS stations lasted longer than the PMS from NNPC stations while also being more affordable. The test showed that fuel sourced from NNPC lasted 17 minutes, whereas Dangote’s fuel ran for 33 minutes.
The video quickly went viral, with many Nigerians sharing similar experiences about fuel quality from different suppliers. Some users also suggested that NNPC previously enjoyed a monopoly on fuel distribution until Dangote entered the market.
However, NNPC dismissed these claims, clarifying that its Lagos filling stations also source petrol from the Dangote Refinery.
With the latest price reduction, Dangote Refinery management confirmed the new petrol prices at partner retail outlets:
– **MRS Holdings stations**
– N860 per litre in Lagos
– N870 per litre in the South-West
– N880 per litre in the North
– N890 per litre in the South-South and South-East
– **AP (Ardova Petroleum) and Heyden stations**
– N865 per litre in Lagos
– N875 per litre in the South-West
– N885 per litre in the North
– N895 per litre in the South-South and South-East
Since commencing production in 2024, Dangote Refinery has played a significant role in addressing challenges in Nigeria’s downstream petroleum sector.