Nigeria News Update: The MRS filling station, a partner of Dangote Refinery, has slashed its premium motor spirit price by N10, now offering petrol at N940 per litre at locations like Kubwa Expressway and Lugbe Airport Road. This price adjustment is linked to falling crude oil prices and the ongoing naira-for-crude sale deal renewal by the federal government. Meanwhile, similar trends are echoed in Abuja news, with NIPCO also mirroring the prices.
The Dangote Refinery has further reduced its ex-depot fuel price by N15 to N865 per litre. This initiative aligns with Nigeria’s determination to maintain the naira-for-crude deal indefinitely, facilitated through the Nigerian National Petroleum Company Limited. Petrol pricing across Lagos news is witnessing variation, with prices ranging from N950 to N975 per litre amidst the recent fluctuations caused by uncertainties in fuel deals.
Key Takeaways:
- Naira-for-crude deal resurgence leads to reduced petrol prices.
- The new price cut by Dangote Refinery signifies economic adjustments.
- Nigerians are poised to benefit from lower global energy benchmarks.
For more detailed insights, read the original source here.
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