Aliko Dangote, Chairman of Dangote Petroleum Refinery, has disclosed that MRS and other filling stations purchasing Premium Motor Spirit from his refinery will begin dispensing fuel at 739 naira per litre starting Tuesday in Lagos.
Dangote stated this during a press briefing, recalling the earlier reduction of the ex-depot price from 828 naira to 699 naira per litre.
The latest reduction which has been widely acknowledged represents a 125 naira per cent reduction at a go.
The new pricing took effect on December 11, 2025, marking the 20th petrol price adjustment implemented by the refinery this year as Dangote continues to fine-tune domestic supply dynamics. Speaking at the refinery, Dangote called on members of the Independent Petroleum Marketers Association of Nigeria, IPMAN, to patronise the refinery, reaffirming that sales to marketers would remain at 699 naira per litre.
