MRS Oil Plc has brought down the price of Automotive Gas Oil (AGO), commonly known as diesel, to \u20a61,050 per litre across its outlets nationwide.
\n The announcement was sequel to a recent price reduction by the Dangote Petroleum Refinery, signalling a potential trend in the oil marketing sector.
\nMRS disclosed this change in a flier that has gone viral online and enjoyined the public to report any MRS outlet failing to comply with the new price.<\/p>\n
The flier reads: \u201cWe are now selling AGO at all MRS retail outlets in Nigeria at \u20a61,050 per litre. If you see a station not selling at this price, please report it to customer service or a whistleblower.\u201d<\/p>\n
This price cut is a response to Dangote Petroleum Refinery\u2019s decision to lower diesel prices, which on Tuesday announced a further reduction to \u20a6940 per litre for bulk buyers.<\/p>\n
Dangote Refinery\u2019s aggressive pricing strategy has been instrumental in driving down prices across the market. On April 17, the refinery slashed prices from \u20a61,200\/litre to \u20a61,000\/litre and now to \u20a6940\/litre.<\/p>\n
A spokesperson for Dangote Refinery, Anthony Chiejina, explained that the price adjustment was part of a strategic partnership with MRS Oil to extend the benefits of reduced diesel prices to consumers nationwide.<\/p>\n
\u201cI can confirm to you that Dangote Petroleum Refinery has entered a strategic partnership with MRS oil and gas stations to ensure that consumers get to buy fuel at affordable prices in all their stations, be it Lagos or Maiduguri,\u201d Chiejina stated.<\/p>\n
He further mentioned that this partnership aims to prevent retail buyers from facing exorbitant prices and is part of a broader initiative by the Dangote Group to alleviate the economic hardships faced by Nigerians.<\/p>\n
\u201cThe essence of this is to ensure that retail buyers do not buy at exorbitant prices. The Dangote Group is committed to ensuring that Nigerians have better welfare, and as such, we are happy to announce these new prices,\u201d he added.<\/p>\n
The initiative marks a significant shift in Nigeria\u2019s fuel pricing strategy, reflecting a concerted effort by major industry players to make the essential commodities more accessible to the public amidst ongoing economic challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"
MRS Oil Plc has brought down the price of Automotive Gas Oil (AGO), commonly known as diesel, to \u20a61,050 per litre across its outlets nationwide. The announcement was sequel to a recent price reduction by the Dangote Petroleum Refinery, signalling a potential trend in the oil marketing sector. MRS disclosed this change in a flier […]<\/p>\n","protected":false},"author":2,"featured_media":5351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-5350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oil-gas"],"_links":{"self":[{"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/posts\/5350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/comments?post=5350"}],"version-history":[{"count":1,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/posts\/5350\/revisions"}],"predecessor-version":[{"id":5352,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/posts\/5350\/revisions\/5352"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/media\/5351"}],"wp:attachment":[{"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/media?parent=5350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/categories?post=5350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/tags?post=5350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}