Days after the Dangote Petroleum Refinery decreased the price of Petrol by N40, many gas stations have lowered their pricing below N900 per litre.
According to the findings, a lot of gas stations in Ogun and Lagos States currently charge between N875 and N890 per litre.
Most filling stations have also adapted to the new pricing structure,
even if some continued to sell the goods on Sunday for N900 or more.
The pump price of PMS in Lagos was reduced from N925 to N885 last week by MRS Oil,
a significant distributor of Dangote petroleum products.
The cost currently is N895 in the South-West, N905 in the North-West and North-Central,
and N915 in the South-South, South-East, and North-East.
Meanwhile, recall that the Dangote refinery had reduced the ex-depot petrol price from N880 to N840 per litre last Monday.
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The spokesman of the Dangote Group, Anthony Chiejina, stated that the price reduction took effect on June 30.
However, despite the reduction, marketers had earlier refused to slash their pump prices last week,
Further retaining petrol at prices around N925 to N960, depending on the location.
However, throughout the week, Dangote partners, the Nigerian National Petroleum Company retail outlets
and other filling stations owned by marketers sold petrol at higher prices.
List Of Stations Who Have Reduced Their Petrol Prices
As of Sunday, it was observed that depots have also reduced their gantry prices, some even below Dangote’s price.
From N920, most of the depots dropped their ex-depot prices to an average of N840 a litre.
According to Petroleumprice.ng, RainOil, Pinnacle, Matrix, Emadeb, Swift and Wosbab were selling petrol at N840 in Lagos on Sunday.
First Royal, Menj, and Aipec also dropped prices to N838; Aiteo, N837;
A&E, N858; NIPCO, N844; MAO, N839; and Integrated, N839.
Well, with the look of things, it is safe to say that Dangote Refinery is currently controlling the prices of Petrol in the country
And since the company has long had Nigerians at heart, we can say it’s the right step in the right direction