Petrol prices stay high despite Dangote slash
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 […]