Some filling stations have reduced the price of petrol following Dangote Refinery’s reduction in its gantry petrol price.
Market survey conducted on Monday showed that filling stations such as Sunset Energy and Emedab in Abuja adjusted their retail fuel price to N1,345 and N1,360 per litre from N1,450 and N1,365 respectively.
However, at several retail outlets in Abuja, including Nigerian National Petroleum Company Limited, Ranoil, AA Rano, NIPCO, and MRS, petrol prices remained between N1,350 and N1,370 per litre as of the time of this report.
The price cut comes after the Dangote Refinery reduced fuel prices at the weekend by N25 per liter.
Meanwhile, the retail price of automotive gas oil had remained unchanged at around N1,900 and above N2,000 per liter across most filling stations.
Speaking, the president of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, expressed confidence that more members would reduce their petrol price from Tuesday as they get new stock from the Dangote Refinery.
“As soon as our members receive new stock from Dangote Refinery, fuel and diesel prices would go down in line with the refinery’s latest adjustment,” he said.
