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MRS fills stations have dropped petrol prices by N50 per litre, easing costs for motoristsNNPC’s price reductions drive competition among marketers, transforming Nigeria’s fuel marketDeclining crude prices signal potential for further petrol price drops below N1,000 per litre
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
Motorists are set to enjoy fresh relief at the pumps as MRS filling stations have reduced the retail price of Premium Motor Spirit (PMS), popularly known as petrol, for the second time in just two weeks.
The latest adjustment comes only days after the Nigerian National Petroleum Company (NNPC) Limited implemented a nationwide reduction in petrol prices, further intensifying competition among downstream marketers as global crude oil prices continue to decline.
After the price cut by Dangote Refinery, MRS filling stations released lower fuel prices. Credit: MRS Oil.Source: Original
A market survey conducted on Wednesday by Legit.ng showed
