Photo Credit: Punch
2025-12-17
As pump prices remain a major political and household issue, MRS filling stations in Lagos have begun selling petrol at ₦739 per litre, triggering long queues and renewed debate about how quickly price cuts reach consumers.
The development follows Dangote Refinery’s gantry price reduction and an effort to push retail prices lower through selected partners. However, marketers’ groups — including PETROAN — have criticised aspects of the rollout and the market disruption it could cause.
For consumers, the immediate story is relief at the pump (where available) and confusion elsewhere as competing stations adjust prices or pause sales to manage supply and crowd control.
For the industry, the key question is whether the ₦739 benchmark becomes nationwide — or remains a limited, Lagos‑first price in the face of logistics, inventory and competitive pressures.
Vanguard: “Starting from Tuesday, MRS will start selling petrol at ₦739 per litre. We will enforce that low price…” Dangote said.
P.M. News: “From Tuesday, MRS will begin selling petrol at ₦739 per litre. We will ensure that price is enforced and implemented,” Dangote said.
Analysis/Echotitbits take: If the price cut holds and spreads, it will reset expectations across the downstream market. Watch for wider station participation, any regulatory guidance on pricing/competition, and whether supply disruptions emerge from sudden demand spikes.
Source: Punch — December 17, 2025 — https://punchng.com/mrs-begins-n739-litre-petrol-sales-petroan-kicks/
