Stations such as AA Rano, Ranoil, and Mobil across the Federal Capital Territory have implemented this price adjustment.
The new pricing aligns these outlets with other key players in the downstream sector, including Nigerian National Petroleum Company Limited (NNPCL), MRS, AP Ardova, and NIPCO, which have been offering petrol within the range of ₦1,290 to ₦1,295 in recent weeks.
In response to this development, Abubakar Maigandi, the President of the Independent Petroleum Marketers Association of Nigeria, stated that the price reduction is a result of increased competition within the market.
“It is required to boost patronage,” he told Daily Post.
Findings by Naija News showed that filling stations in Ilorin dispense petrol for customers at a much better price, standing at around ₦1270 and ₦1250
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