The Dangote Refinery said it is partnering with MRS to sell Premium Motor Spirit or petrol at ₦935 per litre nationwide at its retail outlets.
The development comes after the Nigerian National Petroleum Company Limited also slashed prices below ₦1,000 per litre.
In a statement posted on his X account on Saturday, also said the President of the Dangote Industries Limited, Aliko Dangote commended President Bola Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to a reduction in prices of petroleum products in the country.
“To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.
“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” the statement added.