Many filling stations across Nigeria have yet to reduce their pump prices despite Dangote Refinery’s cut in ex depot price, which should see petrol sell at about N739 or N740 per litre. Checks by reporters showed that several outlets still sell far above this level, with prices in some places close to N900 per litre.
In Lagos and its outskirts, many MRS filling stations were found selling at around N850 per litre, about N110 higher than the price Dangote Group’s president, Aliko Dangote, said the company’s retail outlets would charge. At Alagbole on the Lagos Ogun border, petrol sold for N850, while MRS stations on Ekoro Road and in Abule Egba sold between N825 and N870 per litre.
Other marketers in the area also maintained higher prices, with Bovas in Ojodu selling at N820 per litre and an NNPC station at Berger retailing at N825. A fuel attendant at the MRS station in Alagbole said the price would be reduced to about N740 per litre once the station gets new supplies at the revised gantry rate.
Major marketers such as Mobil, TotalEnergies and Conoil are also still selling petrol in the N850 to N890 per litre range. Reports from Oyo, Delta and Enugu states indicated that prices in many outlets there remain between N830 and N900 per litre.
The situation is different in Abuja, where several filling stations including NNPC, Ardova, AA Rano and Bovas have already reduced their pump prices. In the federal capital, some outlets now sell petrol at N739 per litre, while others are about N70 cheaper than their previous rates.
The Independent Petroleum Marketers Association of Nigeria recently urged its members nationwide to buy petrol directly from Dangote Refinery, describing its price as the most affordable for marketers. IPMAN president, Abubakar Maigandi, said the refinery has agreed to start direct supply to registered members, with free delivery to stations across the country from January 2026.
He said the direct supply and free delivery should lead to further reductions in pump prices at independent marketers’ outlets once the arrangement fully takes off. Maigandi therefore called on marketers to prioritise patronising Dangote Refinery in order to pass on the benefits of lower costs to Nigerian consumers.
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