Dangote Refinery’s Fuel Price Slash Triggers Rush At AP, MRS, Heyden Filling Stations

Scope
  • Many motorists are rushing to Dangote refinery partner stations for cheaper fuel, leading to long queues at various locations
  • Dangote Petroleum Refinery recently reduced its petrol price from N890 to N825 per litre, marking its second price cut in February
  • While petrol consumers welcome the savings, they urge Dangote to expand its partner stations for wider accessibility

Legit.ng journalist Victor Enengedi has over a decade's experience covering Energy, MSMEs, Technology, Banking and the Economy.

With fuel prices still high, many drivers in Lagos are rushing to Dangote refinery partner stations for cheaper options.

The high demand for Dangote’s lower-priced petrol and diesel has caused long queues at these stations, as motorists look for relief from expensive fuel elsewhere.

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  • Following the fuel price reduction, long queues have been seen at Dangote’s partner filling stations in Lagos. Photo credit - MRS, Dangote Group, Ardova PlcSource: UGC

    Last week, Dangote Petroleum Refinery and Petrochemicals Limited reduced its ex-depot petrol price from N890 per litre to N825. This was the second price cut in February.

    In a public notice, Dangote listed three partner stations in Lagos with new prices: MRS at N860 per litre, Ardova Petroleum (AP) at N865 per litre, and Heyden at N865 per litre.

    Dangote's lower prices draw long queues

    A survey by Daily Sun over the weekend showed long queues at Dangote’s partner filling stations in Lagos, as many drivers waited to buy fuel.

    At the MRS station on Ahmadu Bello Way, Victoria Island, a long line of vehicles stretched along the road. A similar situation was seen at Heyden station in Alapere, near the Third Mainland Bridge, as well as at MRS stations on Kodesho Street, Ikeja, and Old Abeokuta Expressway, Agege.

    Some motorists, in separate interviews, said they were happy about the price difference, noting that saving N75 to N80 per litre was a big relief, especially for commercial drivers.

    However, they urged Dangote to expand its partner stations to include independent and major marketers, making the cheaper fuel more accessible.

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  • Nigerians welcome Dangote's multiple petrol price slashes

    Dangote Petroleum Refinery has continued to lower the prices of petrol and other refined products, bringing relief to Nigerians. This is the second petrol price reduction in February 2025, following an earlier N60 decrease at the start of the month.

    In December 2024, during the festive season, the refinery also reduced petrol prices by N70.50, bringing the cost down from N970 to N899.50 per litre.

    The company said the move was part of its effort to ease the cost of living and support Nigerians during the holidays.

    While some Nigerians have praised the price cut, they also stress the importance of maintaining lower prices for lasting economic benefits. Photo credit - Nigeria Info, Liberty TVSource: UGC

    Many Nigerians have commended Dangote Refinery for reducing petrol prices, noting that it will benefit motorists and businesses nationwide.

    Dangote’s price reduction has sparked a competition with the Nigerian National Petroleum Company Limited (NNPC), which responded by lowering its petrol price to N860 per litre.

    Some Nigerians have commended the price cuts and emphasized the need for sustained low prices to ensure long-term economic impact.

    Dangote’s petrol price affects importers

    In related news, Legit.ng reported that Dangote Refinery's most recent petrol price decrease might cost importers N2.5 billion every day on average.

    According to findings, the refinery’s new ex-depot price is N100 lower than the average landing cost of petrol.

    As a result, marketers may be compelled to sell petrol for much below their expenses.

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