A Nigerian man has provided tangible proof of the new petrol price announced by billionaire Aliko Dangote, visiting a filling station to personally confirm the cost. This comes just days after the President of the Dangote Group declared that fuel would be sold for 739 Naira per litre, starting from Tuesday, December 16, 2025.
Receipt Evidence from Victoria Island
The man, identified online as @ogannah, went to an MRS filling station on Victoria Island following the announcement. He documented his purchase, sharing both a video and a receipt as evidence of the transaction. In his online post, he stated, "Dangote Refinery is walking the talk! Bought petrol at N739 per litre at MRS Station, Victoria Island."
He contrasted this new price with the rates at other major retailers, noting that outlets like NNPC and Mobil were still selling at N880 per litre. The price difference, according to his experience, translated into immediate and substantial savings for consumers.
Significant Savings for Motorists
Providing a concrete example of the impact, the man revealed how the reduced price affected his own expenses. He explained that filling the tank of his SUV previously cost him around 70,000 Naira. With the new price at the MRS station, he managed to save approximately 18,000 Naira on a full tank.
"It used to cost N70k to fill my RR SUV! Just saved about N18k," he wrote. This firsthand account highlights the direct financial relief the new pricing could bring to Nigerian drivers and, potentially, to the broader economy through reduced transportation costs.
Public Reaction and Broader Implications
The announcement and subsequent confirmation have sparked widespread reactions on social media. While many welcomed the price reduction, others expressed concerns about market dynamics. One user, @UgochukwuAnya, questioned Dangote's tendency towards monopoly, stating, "All investments he made in competitive markets failed woefully."
Another user, @TmOladipo, pointed out the potential for conflict, noting that the price cut would benefit customers but represent a loss for other importers and marketers who might seek compensation.
According to reports, the Dangote Petroleum Refinery set the new price for its partner stations after lowering its own ex-depot price. Starting December 16, partner stations including Conoil, Eterna, Golden Super, Nepal Energies, and Kifayat Global Energy were expected to sell at the N739 rate. Aliko Dangote himself asserted that this move would end the era of buying petrol at N970 per litre.
The event underscores a significant shift in Nigeria's fuel market, with the long-awaited Dangote refinery beginning to influence retail prices directly. The public awaits to see if this reduction will be sustained and how it will affect the cost of goods and services across the country.
