As of yesterday, the oil marketers were still selling petrol at N1,060 per litre, based on Vanguard’s checks in Lagos and its environs.
But the checks by Vanguard today indicated that MRS, a major marketer, and others indicated that they have adjusted their pump prices.
When contacted, the chairman of MRS, Alhaji Sayyu Idris Dantata, declined to comment, but a visit to the company’s filling station in Ojota, Lagos, confirmed that MRS has started selling at N939.50 per litre.
Dangote Petroleum Refinery slashed the ex-pump price of its petrol to N899.50 per litre, from N970 per litre.
According to the refinery, the slash in price was expected to provide much-needed relief for Nigerians ahead of the holiday season.
In his statement, the Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, stated: “To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM.
‘‘Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank.”
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