Nigerians are facing yet another surge in petrol prices as MRS filling stations—key partners of Dangote Refinery—have raised pump prices to between N930 and N950 per litre in Lagos and Abuja.
The price hike, observed on Saturday at an MRS station along Kubwa Expressway in Abuja, reflects an increase of N70 to N80 per litre from the previous rates of N860 and N880. This follows Dangote Refinery’s recent decision to halt the sale of petroleum products in Naira, a move that has triggered market-wide adjustments.
A motorist in Abuja, speaking on the development, remarked: “I was not surprised; we saw this coming after Dangote Refinery stopped selling in Naira. It was only a matter of time before prices spiked.”
Other fuel stations in the capital city have also adjusted their rates. Empire Filling Station in Gwarimpa, for example, increased its pump price to N975 per litre, up from N945.
However, Nigerian National Petroleum Company (NNPC) Limited has so far maintained its retail price at N880 per litre in Abuja, as of Saturday evening.
The sharp increase in fuel prices has fueled fresh concerns over inflation, transportation costs, and economic hardship for Nigerians already struggling with high living costs. As more stations adjust their prices, all eyes remain on both Dangote Refinery and the federal government for possible interventions.