NewStats: 3,259,573 , 8,170,546 topics. Date: Sunday, 25 May 2025 at 03:58 PM 1r2333

MRS just sent a mail....see below

PMS pump price is now 939.5 per litre in all their Lagos stations.

Nice 👍🏾

MRS is known for their more affordable pricing.

Now we have entered price war because Dangote just slashed his own price.

Okoroawusa:
Now we have entered price war because Dangote just slashed his own price.

MRS and Dangote are basically the same and I suspect that it's because of Dangote that MRS can slash their price.

naptu2:
Part 8

Alhaji Sayyu Dantata



Alhaji Sayyu Dantata is the great-grandchild of legendary Kano businessman, Alhaji Alhassan Dantata and he was born in 1969. He studied mechanical engineering and business istration in the United States, having attended Morris Brown College, Atlanta Georgia.

He started his career as the chief executive of Dangote Transport, the logistics division of the Dangote Group.

He realised the potential for diesel marketing when he found it difficult to procure fuel for the company’s huge fleet. The Nigerian government was the sole importer of diesel and there were chronic shortages of the product. Sayyu studied the complex allocation process and launched M.R.S Oil in 1993 with about ₦5 million start up capital. He started buying diesel from African Petroleum, Unipetrol and the Kaduna Refinery, but it took some time for the company to get a foothold in the market. At the initial stage, M.R.S even had to buy diesel from foreign firms who received allocations even though they had no offices in the country.

The company got its big break when it was hired by the NNPC in 1998 to evacuate Low Residue Stock, a by-product of the refining process. This was followed by a major order from Wale Tinubu, who gave him a big contract to supply diesel.

M.R.S had an annual turnover of ₦10 billion and shipped about 50,000 tonnes of diesel a month. The company stunned the industry when it acquired Chevron Texaco’s downstream assets for $1 billion (it was bidding against Femi Otedola’s Zennon Oil). The M.R.S group employed about 800 people.

Sayyu Dantata is very close to Aliko Dangote and Dangote backed him during his dispute with Femi Otedola, which led to some friction between Dangote and Otedola.


Alhaji Dantata served as the chairman of Chevron Oil Nigeria PLC from 03/2009–08/2012 and the chairman and CEO of MRS Nigeria PLC from 08/2012–07/2017. He has been the chairman of MRS Holdings since 2017. MRS Holdings group of companies include the likes of Corlay Global SA, Ovlas Trading SA and Ovlas Services Geneva. He is also a director of Hydro Alternative Energy, Inc.


Sayyu Dantata speaking about MRS Oil and Gas in 2012.

https://www.youtube.com/watch?v=hRGLWr2GKfQ


Social life and toys

Alhaji Sayyu Dantata was a regular on the celebrity pages of newspapers and magazines in the early and mid-2000s due to his relationship with Linda Mesrob.

Alhaji Dantata was in the news again in 2012 when Chris Brown stayed at his house on Banana Island. Chris Brown had come to Nigeria for a concert and the organisers had booked a suite at Eko Hotel for him, but he was not happy with the suite, so the organisers put him up at Sayyu Dantata’s house and he was really impressed. He took to Instagram to post about this big house that he was in in Nigeria (see the thread here https://nairaland.unblockandhide.com/1142426/owner-mansion-chris-brown-stayed).

Sayyu Dantata also grabbed the headlines on all the blogs in 2019, during the massive Apapa traffic jam, when he flew himself to his Apapa office in a helicopter. This is a video of his staff hailing him as he landed in his helicopter.


https://www.youtube.com/watch?v=U_emOuNHPSo


Sayyu Dantata is a keen polo player and he plays in tournaments all over the world.



And this is what he does when he’s late for polo practice



https://www.youtube.com/watch?v=2hzL_8gTGYY


He also arrived the Kaduna Polo Club for the Georgian Cup Competition in a helicopter, but there was almost a tragedy when he was leaving the club because the crowd refused to give enough space for the helicopter to take off and some people actually hung on to the helicopter’s landing skids as it took off. See the video below.

https://www.youtube.com/watch?v=8I6Jq5rjD2o

Wow

Ok.

Price War....

It will still come down to 700, then dollar to 1500 then to 1400.

Waiting for NNPC price.

iichidodo:
Price War....

Crude price is dropping gradually at the international market and Naira is gaining value 🔥💯

Rename University of Nigeria after Chief MKO Abiola

https://nairaland.unblockandhide.com/8296833/open-letter-pbat-rename-unn

Kudos to JAGABAN....

A better Nigeria is possible..

Johnson5258:
Waiting for NNPC price.

NNPC is a criminal organization, part of the reason fuel is over a thousand is cos of NNPC
The truth is gradually being let out,
Independent market looking for profit is selling below a govt organization that should be making the taxpayers get value for money spent,

Oyyana

What about NNPC?

Anything above N200 is still nonsense to me.



These people should pity the masses, it's not a curse for God to bring us to Nigeria.

Agbado's will start celebrating the new price now

cr7lomo:
Nnpc under this yoruba Ronaldo government are bunch of thieves ... I got fuel in festac when I went to visit a relative for 1025 in an independent filling station...only for me to see fuel at 1065 at NNPc in lekki ikota area ... NNPC has never been more expensive than any filling station since inception over 15yrs ago ...

Yoruba 🤣🤣😂
Una headache

As a Oil producing Nation/Country.

We no suppose buy this product #50 p/ltr

Worst still, 100 per ltr.

But corruption it's at its highest peak.

To get the country back, it's left with the citizens.

Price is still come down no cap

Good of them.

PMS should be 500-700/liter. This will drive a lot of economic activities in the right direction. Wealth in Nigeria should go round and be evenly distributed.

Okoroawusa:
Now we have entered price war because Dangote just slashed his own price.

Is MRS the one owned by Otedola?
Indeed, what should happen going forward in a true market economy would be a price war

chinedu will still not travel to village because of insecurity create by the money he donated to Nnamdi kanu and prime minister ekpa for biafrug

Bahamas95:
Anything above N200 is still nonsense to me.



These people should pity the masses, it's not a curse for God to bring us to Nigeria.

what do you need fuel for, you don't drink it .

Truth is,#900 or #1000 or even #850 are the same thing abeg

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