The majority of Nigerian filling stations have yet to reduce premium motor spirit pump prices despite the significant drop in crude oil prices and Dangote Refinery’s gantry petrol price.

A market survey on Thursday morning showed that petrol prices stood between N1317 and N1336 per liter across filling stations in Abuja.

This is the case with AA Rano, MRS, NNPCL, Ranoil, Empire Energy, and other filling stations in the nation’s capital and its environs.

DAILY POST reports that crude blends such as Brent and West Texas Intermediate have been significantly reduced to $77 and $74 per barrel from as high as $100 per barrel before the United States and Iran secured a peace deal.

Thereafter, Dangote Refinery had reduced its gantry petrol price by N75 to N1,175 per liter on the back of a drop in crude oil prices.

However, despite crude oil’s significant petrol price reduction at Dangote Refinery, petroleum marketers who are filling station owners have yet to cut retail prices.

When DAILY POST contacted the president of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, he simply said, “we are in a meeting.”

However, an MRS filling station manager in Abuja who preferred anonymity told DAILY POST that the outlet will, by Thursday (today) or Friday, cut its petrol by N75 to N1242 per liter from N1317.

An attendant at AA Rano filling station in Abuja said she told her employer that customers are complaining of their high petrol at N1,330 per liter.

“They promised to reduce the price soon because customers are angry,” he told DAILY POST.

DAILY POST reports that in the past three months, Nigerians have been grappling with higher prices of petrol, diesel, and other petroleum products linked to the Iran-United States-Israel war, which escalated on February 28, 2026.