Business News of Wednesday, 4 March 2026

Source: www.dailypost.ng

Dangote-backed MRS filling stations sell fuel higher than NNPCL, other petrol marketers

Dangote Refinery-backed MRS filling station is dispensing Premium Motor Spirit at a higher price than Nigerian National Petroleum Company Limited and other filling stations.

DAILY POST correspondent reports that MRS filling in Abuja increased its petrol price to N975 per liter, up from N875 in Abuja and environs.

This means the filling stations increased the fuel price by N100 per liter on Tuesday after the plant raised its gantry cost on Monday.

In comparison with NNPCL filling station petrol prices, MRS filling stations are N15 per liter more expensive than the state-owned firm’s outlets and other firms like Ranoil, AA Rano, and Sharon.

Speaking to DAILY POST in anonymity, a manager at MRS filling station said, “It’s because of the hike in gantry price by Dangote Refinery attributed to rising crude oil prices over the escalation of hostilities in the Middle East.”

DAILY POST reports that Brent and West Texas Intermediate crude blends rose to $80.75 and $73.78 per barrel, respectively, as of Tuesday evening.

Recall that NNPCL and other filling stations also increased fuel prices after Dangote Refinery’s gantry price increment.

DAIlLY POST reports that MRS filling station is owned by Idris Dantata, half-brother to Aliko Dangote, President of Dangote Refinery.