Nigerian gas stations fail to lower petrol prices, sparking public anger

Most filling stations in Nigeria have not lowered the price of premium motor spirit (PMS) even after crude oil prices fell sharply and Dangote Refinery cut its gantry petrol rate.

A market survey conducted on Thursday morning found that PMS prices ranged from N1,317 to N1,336 per litre at stations in Abuja.

Stations such as AA Rano, MRS, NNPCL, Ranoil, Empire Energy, and others in the capital and surrounding areas reported these rates.

Daily Post notes that Brent and West Texas Intermediate crude blends dropped to $77 and $74 per barrel, respectively, from about $100 per barrel before a peace agreement between the United States and Iran.

Following the decline in crude prices, Dangote Refinery reduced its gantry petrol price by N75, bringing it to N1,175 per litre.

Despite this reduction at Dangote, owners of filling stations have not yet adjusted their retail prices.

When contacted, Abubakar Maigandi, president of the Independent Petroleum Marketers Association of Nigeria, said, “we are in a meeting.”

An MRS station manager in Abuja, who wished to remain anonymous, told Daily Post that the outlet plans to cut its petrol price to N1,242 per litre by Thursday or Friday, down from N1,317.

An attendant at AA Rano in Abuja said she informed her employer that customers are upset about the high price of N1,330 per litre.

“They promised to reduce the price soon because customers are angry,” he told Daily Post.

Daily Post reports that over the past three months, Nigerians have struggled with rising prices of petrol, diesel, and other petroleum products linked to the Iran‑United States‑Israel conflict that escalated on February 28, 2026.