BREAKING: Nigerian filling stations bow to market forces, reduce fuel price

BREAKING: Nigerian filling stations bow to market forces, reduce fuel price

More Nigerian filling stations have significantly reduced their premium motor spirit pump price to remain competitive and woo patronage.  A market survey by DAILY POST on Thursday showed that filling stations, including Emedab, Rainoil, Empire Energy, Total, and AA Rano, have dropped their price to between N1,330 and N1350 per litre from above N1,360 per litre in Abuja and its environs.  This means that the above filling stations increased their…

Fuel Prices Drop as Nigerian Filling Stations Adjust to Market Forces

Nigerian filling stations have begun reducing the pump price of premium motor spirit (PMS) in response to market pressures and growing competition.A market survey conducted on Thursday revealed that outlets such as Emedab, Rainoil, Empire Energy, Total, and AA Rano now sell petrol between ₦1,330 and ₦1,350 per litre, down from above ₦1,360 in Abuja and surrounding areas.This adjustment follows last week’s price cuts by MRS, NNPC Limited, NIPCO, …

Petrol prices drop as more filling stations slash pump rates

Several filling stations across Nigeria have begun lowering the pump price of Premium Motor Spirit (PMS), commonly known as petrol, as marketers respond to competitive market conditions and seek to attract more customers. A survey conducted in Abuja and surrounding areas on Thursday revealed that stations such as Emedab, Rainoil, Empire Energy, Total, and AA […] The post Petrol prices drop as more filling stations slash pump rates appeared first…