Business News of Saturday, 14 February 2026
Source: www.dailypost.ng
Dangote Refinery-backed MRS filling stations have increased their retail price of Premium Motor Spirit.
MRS filling stations in Abuja have increased their retail price to N875 per liter, up from N839 per liter.
A manager at MRS filling station in Abuja, who preferred anonymity, confirmed the hike to DAILY POST on Friday.
The filling station, owned by Sayyu Idris Dantata, Aliko Dangote’s half-brother, adjusted its petrol price upward by N36 per liter.
This means that Dangote Refinery’s petrol gantry price reduction by N25 per liter to N744 per liter from N799 did not make any impact on retail fuel price.
The latest retail fuel price increase at MRS Filling Station erased the price gap between the fuel outlet and other filling stations, such as Nigerian National Petroleum Company Limited.
Accordingly, the retail fuel price in Abuja and environs now stands between N875 per liter and N889 per liter as of Friday night.
DAILY POST reports that three days ago, the 650,000-barrel-per-day refinery, which recently ramped up to full capacity, announced a drop in its petrol gantry price to edge out imported fuel.