Dangote Refinery Crashes Petrol Prices to ₦739/Litre at MRS Stations Nationwide, Issues Hotline to Report Overcharging Amid 50m Litre Daily Supply Guarantee

In a massive shift for Nigeria’s energy sector, the Dangote Petroleum Refinery has successfully forced a downward review of fuel prices nationwide, launching its petrol at a retail price of ₦739 per litre through a strategic partnership with MRS Oil Nigeria Plc.

The announcement, confirmed today, Monday, December 22, 2025, marks a turning point for Nigerian consumers who had previously been paying upwards of ₦900 to ₦1,100 per litre at various retail outlets. The refinery’s management stated that the new pricing is now active at over 2,000 MRS stations across the 36 states and the Federal Capital Territory.

The President of the Dangote Group, Aliko Dangote, had earlier signaled this aggressive market intervention during a press briefing, where he revealed that the refinery’s gantry price had been lowered to ₦699 per litre. “We want to make sure that for this December and January, Nigerians do not suffer. We are going to use whatever resources we have to make sure we crash the price down,” Dangote stated.

The refinery has praised MRS for its “patriotism” in being the first major marketer to fully reflect the reduced price at the pump. The move has already triggered a competitive “price war” in the downstream sector, with independent marketers and even the NNPC Limited reportedly adjusting their rates to remain relevant as motorists flock to cheaper stations.

To ensure the benefits reach every citizen, the refinery issued a stern warning to “unscrupulous operators” who might attempt to create artificial scarcity to justify higher prices. “Any attempt to manipulate supply to frustrate these price reductions is unpatriotic and unacceptable,” the company said in a statement.

Nigerians have been urged to be vigilant and resist buying fuel at inflated prices. To enforce this, the refinery has activated a whistleblower hotline, encouraging the public to report any MRS outlet selling above the ₦739 cap.

With a guaranteed daily production of 50 million litres, industry analysts believe the Dangote Refinery has effectively ended Nigeria’s decade-long reliance on expensive imported fuel, providing a much-needed economic cushion for households and transport operators during the peak of the festive season.