₦airaland Forum

The price cut is expected to relieve motorists and businesses struggling with high fuel costs.

MRS Oil Nigeria Plc has announced a reduction in the retail price of Premium Motor Spirit (PMS), commonly known as petrol, across its stations nationwide.

The oil marketing firm disclosed on Monday, February 10, through its official X (formerly Twitter) account, that its stations in Lagos will now sell petrol at ₦925 per litre.

The move follows a similar price adjustment by its partner, Dangote Refinery, which recently lowered the ex-depot price to ₦890 per litre.

Beyond Lagos, MRS outlined region-specific pricing, with petrol selling at ₦935 per litre in the South West, ₦945 in the North, and ₦955 in the East.

The company assured consumers that the reduction would not compromise fuel quality.

“The prices may vary, but one thing stays the same—we give you high-quality fuel that keeps your engine running at its best,” the statement read.

MRS Petrol is now selling at new regional prices! The prices may vary, but one thing stays the same—we give you high-quality fuel that keeps your engine running at its best.

If you notice any station selling above the listed price, we’re just a call or email away. pic.twitter.com/laEzd8FEkM

— MRS Oil Nigeria Plc (@MRSOilNigeria) February 10, 2025

MRS also urged customers to remain vigilant and report any stations selling above the new price.

“We are just a call or email away. If you notice any discrepancies, let us know,” the company added.

The price cut is expected to relieve motorists and businesses struggling with high fuel costs.

However, industry analysts say sustained reductions will depend on global crude prices and domestic refining capacity.

Source: https://www.pulse.ng/articles/news/fuel-retail-price-drops-nationwide-2025021017203426437

Good💯 The positive reforms are performing well. Kudos to President Tinubu

Drop to how much? No vex me this evening ooooo. I stand with JAGABAN forever, but don’t bring fuel price into this discussion so that Ogun no go kee you before five market days

What nonsense article is this..
Which drastic reduction?
Have we been so desensitized that a crumb morsel thrown at our feet becomes a feast?
Shey from 970 to 925 is a drastic reduction?
While others are selling for 975+

Sometimes I wonder for this country..

Drastic reduction starts from 500 downwards..

No this kobo kobo removal..
Next week now..the price will skyrocket once more..defeating any gains made.

What is good about this News, your disaster Tinubu met petrol price less than 250 and skyrocketed it to 1k mumu headline until petrol start selling for 300 jagaban na jagajaga

MRS? I have never seen any MRS station since I was born.
Make una rest!!

Acekidc4:
Good💯 The positive reforms are performing well. Kudos to President Tinubu

How much was fuel before now?

Didijiji:
How much was fuel before now?

#20 before Obasanjo came to power

Useless apc and Yoruba plantain thieves celebrating those that are killing them with terrorism and hunger. What a people.

How can these people be celebrating failures of Tinubu their brother when they should be ashamed of his abysmal performance in office as president.

Celebrating those who put you in bondage and enemies of the masses.

Shame shame shame

Let it go down to 500 naira, that is all we want.

seunowa:
#20 before Obasanjo came to power

In 1998, wages of N3,500 = 170+ litres of fuel.

In 2014, wages of N18,000 = 200+ litres of fuel.

In 2022, wages of N30,000 = 150+ litres of fuel.

In 2025, wages of N70,000 = 70+ litres of fuel...

Moral of the analysis...

It is not about the price per se, but the purchasing power...

Nigerians are people who personsly choose to be stupid

You would think it's NNPC that reduced fuel.
Is MRS government owned?

Ndi ala

ivandragon:
In 1998, wages of N3,500 = 170+ litres of fuel.

In 2014, wages of N18,000 = 200+ litres of fuel.

In 2022, wages of N30,000 = 150+ litres of fuel.

In 2025, wages of N70,000 = 70+ litres of fuel...

Moral of the analysis...

It is not about the price per se, but the purchasing power...

Even if you draw it on a canvas, e no go understand you.

Mtchewwwwwwwww

NewDigitalWorld:
[b]The price cut is expected to relieve motorists and businesses struggling with high fuel costs.


Source: https://www.pulse.ng/articles/news/fuel-retail-price-drops-nationwide-2025021017203426437

Tinubu's paid agents are doing everything possible to promote their incompetent President. Since Tinubu assume office two years ago, he has not achieved any positive thing. No meaningful development. That's why they are celebrating this as an achievement



Tinubu and propaganda are like 5 & 6

Acekidc4:
Good💯 The positive reforms are performing well. Kudos to President Tinubu

Lol

MasterJayJay:
MRS? I have never seen any MRS station since I was born.

Make una rest!!

Dem full abuja n north

Just watch how they will release a phone number that you will call to report any MRS filling station that doesn't comply with the new price, unfortunately, the number will never be in use no matter how many times you try it . MRS at uselu shell in Benin city is a typical example, they always sell above the stipulated prices, I used my ATM card to buy from them instead of cash so that I will have evidence of their action