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Nigerian marketer, MRS filling stations, have not reduced its premium motor spirit price, DAILY POST reports.
DAILY gathered that MRS petrol retail outlets across Abuja still dispense petrol at N885 per litre as of Tuesday morning.
A manager at one of MRS’s filling stations in Abuja, who preferred anonymity, told DAILY POST that the reason is because they are still selling old stock of petrol products.
“We are still selling old stock,” he told DAILY POST.
He, however, said they will soon announce a new price template.
The development comes as Nigerian National Petroleum Company Limited on Monday adjusted its petrol price to N955 per litre from N890.
Similarly, other petrol marketers such as AA Rano, Shema, Empire Energy, Ranoil, and Optima Filling Stations have all adjusted their petrol pump price to between N950 and N971 per litre.
Petroleum products marketers blamed the latest petrol price hike on the upward review of Dangote Refinery and depot owners’ ex-depot prices.
Spokesman of the Independent Petroleum Marketers Association, Chinedu Ukadike, told DAILY POST on Friday that Dangote Refinery increased its gantry price to N858 per litre, while NIPCO, Ranoil, and Aiteo stood between N850 and N870 per litre, resulting in the latest price hike in retail outlets across the country.
Nigerian marketer MRS yet to reduce fuel price, gives reason
