BREAKING: MRS, Other Nigerian Stations Raise Fuel Prices After Dangote Refinery Hike

MRS and other Nigerian filling stations adjusted their petrol prices on Saturday, just hours after the Dangote Refinery increased its petrol price by N70 to N1,245 per liter on Friday.

MRS stations in Abuja and surrounding areas raised their prices by N100, from N1,267 to N1,367 per liter. Other stations, including Ranoil, Empire Energy, and AA Rano, also increased their prices, now selling at N1,440, N1,430, and N1,370 per liter, respectively.

An anonymous MRS station manager confirmed the price hike, attributing it to Dangote Refinery’s increase in its petrol price to N1,275 per liter.

ALSO READ: UCL: Lewandowski Overtakes Messi, Ronaldo

This brings the price range for petrol at Nigerian stations to between N1,367 and N1,440 per liter. However, the Nigerian National Petroleum Company Limited still sells petrol at N1,261 per liter.

The price hikes follow a surge in global crude oil prices, which crossed $110 per barrel due to the geopolitical impact of the Iran-U.S.-Israel tensions.

Polity Reporters reports that the Dangote Refinery supplies 61% of Nigeria’s domestic petrol consumption.

“Journalism is what we need to make democracy work.”
—

“News is what somebody somewhere wants to suppress; all the rest is advertising.”
—

“Journalism can never be silent: that is its greatest virtue and its greatest fault.”
—

“The duty of a journalist is to convey the truth as clearly and fully as possible.”
—

“Good journalism is about results. It is about affecting your community or your society in the most progressive way.”
—

“Journalism is printing what someone else does not want printed; everything else is public relations.”
—

“A free press is not a privilege but an organic necessity in a great society.”
—

“The press was to serve the governed, not the governors.”
—

“Journalism without a moral position is impossible.”
—

“The function of journalism is to comfort the afflicted and afflict the comfortable.”
—

ALSO READ: FA Cup: Arteta Explains Why Declan Rice, Zubimendi Were Left Out Against Mansfield

Advertise With Us

Do you want to reach your targeted audience and expand your brand’s visibility? Advertise with Polity Reporters to place your “message” before the right audience.

For advertising enquiries, reach us through:
Email: bandcommunications001@gmail.com
Facebook: Polity Reporters
WhatsApp: 07043810558

ALSO READ: Insurance: AXA Mansard Stands Strong as Reliable Insurance Provider in Nigeria