The Nigerian National Petroleum Company Limited (NNPCL) has raised the pump price of petrol to ₦835 per litre in Lagos and ₦839 per litre in Abuja.
The national oil company made the price adjustment across retail outlets in both cities on Wednesday.
Earlier, 626Blaze reported that the Dangote refinery had on Tuesday also increased the price of its PMS.
The Nigerian National Petroleum Company Limited (NNPCL) has once again reduced the price of premium motor spirit.
According to Daily Post, a check by journalists who went round Abuja on Monday morning, showed that NNPCL retail outlets have reduced their fuel price to N815 per liter, down from N835.
This means that the NNPCL filling stations cut their price by N20.
The fresh price has been implemented at NNPCL filling stations in Wuse Zone 6 and 4 Abuja, Keffi-Abuja Road, and Kubwa Expressway.
An NNPCL filling station attendant, who preferred anonymity, told Daily Post that the new price was implemented on Sunday evening.
However, the N815 per liter is N79 higher than the N739 per liter sold at Dangote Refinery’s backed MRS filling stations nationwide.
Recall that NNPCL on December 19, 2025, cut its price of petrol by N80 to N835 amid a price war among players in the country’s oil downstream sector triggered by Dangote Refinery’s gantry price reduction to N699 per liter.
The Nigerian National Petroleum Company Limited (NNPCL) has lowered its petrol price for the third time in December 2025.
According to Daily Post, after a survey of filling stations in Abuja, it was observed on Thursday that NNPCL has reduced the petrol price to N835 per liter, down from N915.
This means that the state-owned oil firm adjusted its fuel price by N80.
The development comes as MRS, BOVAS, and AA Rano earlier reviewed their fuel pump price to between N739 and N865 per liter in the nation’s capital.
NNPCL and other filling stations’ price cuts come after Dangote Refinery and depot owners slashed their ex-depot price to between N699 and N800.
Recall NNPCL; other filling stations reduced fuel on December 4 and 10, 2025, respectively.
The Nigerian National Petroleum Company Limited (NNPCL) and other filling stations have announced a further reduction in the pump price of premium motor spirit (PMS).
According to Daily Post, it was observed that NNPCL retail outlets in parts of Abuja have adjusted their fuel price to N915 per liter, down from N920.
This means that the petrol price was reduced by N5 per liter when compared to N920 per liter.
It was also observed that MRS and BOVAS retail outlets in Abuja dropped fuel prices to N910 per liter from as high as N945 per liter.
Daily Post reports that other filling stations such as AYM Shafa, NIPCO, Optima, Mobil, Ranoil, and Empire dispense petrol between N920 and N937 per liter in Abuja.
The development comes as the ex-depot price of petrol at Dangote Refinery stood at N824.50 per liter, Eterna (N823), Aiteo (823), and BOVAS (N822).
This is not the first fuel price reduction by NNPCL and other Nigerian filling stations in recent days.
Recall NNPCL has adjusted its petrol pump price twice in the last two weeks by N30, down from N945 per liter.
The Nigerian National Petroleum Company Limited has lowered the pump price of premium motor spirit following a reduction in ex-depot prices by Dangote Refinery and other depot operators.
According to Daily Post, a correspondent who went round filling stations in Abuja on Thursday, found that the state-owned firm has slashed its fuel price to N930 per litre from N945.
The downward adjustment has been implemented in NNPCL retail outlets in Kubwa Expressway, Gwarimpa, Wuse Zone 4, Zone 6 and filling stations within Abuja and environs.
This means that NNPCL reduced its fuel retail price by N10 per litre.
It was also observed that other Nigerian filling stations, such as Ranoil in Gwarimpa, have reduced fuel pump prices by N5 to N935 per litre from N940.
Similarly, MRS and AP Ardova filling stations in Abuja are currently dispensing their petrol between N930 and N935.
The development comes as Dangote Refinery and depot owners such as Pinnacle and Aiteo dropped ex-depot prices by at least N10 to N846, N845, and N844 per litre, respectively, as of Thursday morning.
Earlier, the spokesperson of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Chinedu Ukadike, told Daily Post that fuel prices may drop further as the ongoing petrol price war intensifies.
The Nigerian National Petroleum Company Limited (NNPCL) on Saturday reduced the petrol pump price as supply challenges at the Dangote Refinery began to ease.
The state-owned oil firm adjusted the retail fuel price to N945 per litre, down from N955.
This means that NNPCL decreased its petrol price by N10 on Saturday.
The fresh price reduction has been implemented at NNPCL retail outlets in Gwarimpa and Wuse Zone 4.
Similarly, the Nigerian filling station in Abuja, Eterna, also recently reduced its pump price to N945 per litre.
This development follows improved fuel supply nationwide through the Dangote Refinery and petroleum product importers.
More than two weeks ago, a supply glitch at the Dangote Refinery led to a nationwide fuel price hike.
Recall that President Bola Ahmed Tinubu recently approved the implementation of a 15 per cent import tax on petrol and diesel, a move that may lead to increased fuel prices nationwide.
The President of Dangote Group, Aliko Dangote, has announced some fresh conditions for the Nigerian National Petroleum Company Limited, NNPCL, to expand its stake in his 650,000-barrel-per-day petroleum refinery.
However, he said this would only happen after Dangote Refinery must have proven to NNPCL what the plant can do.
Dangote stated this in a recent interview with S&P Global Commodity Insights.
“The door remains open for Nigerian National Petroleum Co. to boost its stake after the state oil company trimmed its interest to 7.2 per cent, but not before its next phase of growth is well underway.”
Reiterating the need for the refinery to be listed in the Nigerian Exchange Limited, Dangote said he’s only interested in keeping a 70 per cent stake.
“We don’t want to keep more than 65-70 per cent.”
In 2024, NNPCL announced that it has trimmed its shares in Dangote Refinery to 7.2 per cent, down from 20 per cent.
The then spokesperson of NNPCL, Olufemi Soneye, had said the state-owned firm reduced its stake in Dangote Refinery to invest in compressed natural gas.
Meanwhile, Dangote Refinery recently encountered an operational setback which resulted in a glitch in fuel supply, according to a Bloomberg report.
Petroleum product marketers had in a recent report complained of the non-supply of petrol after paying billions to Dangote Refinery.
The Nigerian National Petroleum Company Limited has announced a new increase in the price of petrol.
This is as NNPCL retail outlets in Wuse Zone 6 and Zone 4 have now increased their petrol pump price to N905 per litre, up from N890.
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