BREAKING: Dangote-backed MRS, other Nigerian filling stations reduce fuel prices

Dangote Refinery-backed MRS filling stations and different filling stations crossed Nigeria person reduced their petrol pump prices.

A marketplace survey by DAILY POST connected Saturday showed that MRS filling stations successful Abuja person reduced their petrol pump terms to N1,265 per litre from N1,305 per litre.

This is the lawsuit astatine MRS filling stations successful Kubwa and on the Lugbe Expressway successful Abuja.

This means that MRS filling stations person reduced their petrol pump terms by N40 per litre.

Similarly, AA Rano filling stations successful Abuja reduced their petrol pump terms by N30, bringing it down to N1,300 per litre.

The latest terms adjustments person brought petrol retail prices to N1,265 and N1,300 per litre, down from N1,305 and N1,330 per litre, respectively. This comes aft astir 2 weeks of substance terms hikes amid crude lipid terms volatility.

The improvement comes arsenic Dangote Refinery precocious announced the escaped organisation of its petrol crossed astatine slightest 5 states, including the Federal Capital Territory (FCT), astatine a gantry terms of N1,215 per litre, arsenic Brent and West Texas Intermediate (WTI) crude traded astatine astir $84 and $87 per barrel, respectively, ove...