MR Oil Displaces NNPC as Cheapest Petrol Seller in Nigeria
MR Oil has overtaken NNPC as the cheapest place to buy petrol in Nigeria, thanks to a strategic partnership with Dangote Refinery. The partnership has enabled MR Oil to sell petrol at a lower price than NNPC's retail price, with prices as low as N739 per liter.
This move signifies a shift in the downstream oil sector, with competition intensifying and logistics costs being significantly reduced. Dangote Refinery aims to directly supply petrol to further lower pump prices.
Despite initial denials, the refinery claims to have supplied 43 million liters of premium motor spirit.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
Read full article
Continue on Legit.ng
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigerian Filling Stations Slash Petrol Prices Below NNPC and Dangote's Rates Amid Intense Competition
Nigerian Fuel Marketers Offer Petrol Below Dangote and NNPC Prices Amid Competition
Nigerian Man Identifies Cheapest Petrol Station After Dangote's Fuel Price Cut
Nigeria's Petrol Prices Drop by N153/Litre, Dangote and NNPC Lead Decrease
Nigerians Prefer NNPC Over Dangote for Cheaper Fuel Amid Price Disparity
Fuel Prices Drop in Abuja as NNPC and Independent Marketers Slash Rates
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
