NNPCL slashes petrol price 48 hours after hike

NNPC CEO Bayo Ojulari declaring Nigeria top destination for oil and gas investment at Gastech 2025
NNPC petrol station pump price board reflecting a sudden fuel price change

Just two days after raising fuel prices, the NNPCL slashes petrol price 48 hours after hike, cutting the pump price from ₦955 to ₦900 per litre. This quick move, confirmed this Wednesday, comes amid market volatility and growing concerns over affordability.

This quick adjustment came in response to a pricing cut by Dangote Refinery, whose reduced supply cost forced NNPC to match up and stay competitive.

What Changed and Where?

  • In Abuja, major NNPCL stations—including Gwarimpa, Kubwa Expressway, and Wuse Zones 4 & 6—have adjusted the price down to ₦900 per litre.
  • In Lagos, NNPCL dropped prices to ₦875 per litre from the previous ₦915.
  • Independent stations responded more sluggishly, with Ranoil and Empire Energy in Abuja now selling at ₦955 and ₦950 respectively, down slightly from over ₦970

Leave a Reply

Your email address will not be published. Required fields are marked *

en_USEnglish