In a development bringing relief to many, several Nigerians have come forward to confirm they are now buying petrol at the significantly reduced price of N739 per litre. This follows the landmark announcement made by billionaire industrialist Aliko Dangote on December 15, 2025.
Dangote's Pledge and Public Verification
The Chairman of the Dangote Group had declared that his refinery would enforce a new, lower pump price for petrol across the country. In a statement covered by Channels TV, Dangote specifically stated that MRS Oil Nigeria stations would begin selling at N739 per litre starting from the following Tuesday. He urged Nigerians to hold retailers accountable and even provided a hotline for reporting stations selling above the approved rate.
"We are selling at N699. The N699 includes the percentage of NMDPRA. So what actually comes out to us is about N389 or so," Dangote explained, shedding light on the pricing structure.
First-Hand Accounts from Lagos Motorists
Days after the announcement, the reality of the new price was put to the test. Social media became a platform for verification as Nigerians shared their experiences from various filling stations.
One X user, @damola_ade77, reported purchasing fuel at the new rate. "I also just bought at the Palmgrove MRS. I had to queue for about 30 mins. N739 per litre," he confirmed, indicating the high demand at the station located in the Palmgrove area of Lagos State.
Another user, @ogannah, shared a similar positive experience from an upscale part of the city. "Dangote Refinery is walking the talk! Bought petrol at N739 per litre at MRS Station, Victoria Island," he posted. He highlighted the stark contrast, noting that other major retailers like NNPC and Mobil were still selling at around N880 per litre. For him, the savings were substantial: "It used to cost N70k to fill my RR SUV! Just saved about N18k."
Visual Evidence and Wider Impact
Adding further credibility to the claims, a lady named Uloma Opurum shared photographic evidence on Facebook to silence doubters. Her post showed the displayed price at an MRS station near Ikeja Underbridge in Lagos, clearly showing the N739 per litre tag.
These confirmations suggest the initial rollout of Dangote's price directive is taking effect in key areas of Nigeria's commercial capital. The move is widely seen as a potential catalyst for reducing the high cost of transportation and goods, a constant burden for citizens and businesses.
However, the reports also indicate that the reduced price is currently specific to MRS stations supplied by Dangote Refinery, with queues forming as motorists seek out the cheaper fuel. The situation underscores the ongoing challenge of uniform price implementation across the country's vast and complex fuel distribution network.