Again, petrol price reduced

Dangote Refinery-backed MRS filling stations and other Nigerian petroleum outlets have again reduced their pump prices.

A market survey by Journalist on Monday showed that MRS filling stations have reduced the price of petrol to N1,210 per litre from N1,260 in Abuja and environs.

This means that MRS has reviewed its petrol price downward by N50 per litre.

Similarly, AA Rano and other Nigerian filling stations along the Kubwa Expressway in Abuja reduced their fuel prices by N25 per litre to around N1,275 per litre on Monday.

This comes after Dangote Refinery last week announced reductions in the prices of fuel and Automotive Gas Oil, AGO.

Recall that eight days ago, MRS and other filling stations reduced their fuel prices by between N25 and N45 per litre.