MRS Oil Nigeria Plc has announced a new upward review of its petrol pricing, signalling another likely jump in pump prices across its retail outlets.
In a notice to dealers, the company disclosed that its new pump price for Premium Motor Spirit (PMS) has been set at ₦1,332 per litre. It also fixed company delivery at ₦1,290 per litre, while self-collection is priced slightly lower at ₦1,282 per litre.
The company urged it's retail outlets to immediately effect the changes, noting that its order portal has been opened for fresh bookings. It further stated that the minimum order quantity for company delivery has been pegged at 50,000 litres.
All product loading, according to the notice, will be done at the Dangote Refinery, reinforcing the growing role of the facility in Nigeria’s domestic fuel supply chain.
The latest adjustment is expected to cascade into higher retail prices nationwide, adding to mounting inflationary pressures as petrol costs continue to rise in line with global crude oil trends and supply dynamics.