See more as NNPC announces new fuel price for Abuja, Lagos

• The Nigerian National Petroleum Company (NNPC) Limited has adjusted the petrol terms for Lagos and Abuja residents
• The caller prices bespeak a N15 simplification for Lagos and Abuja residents, with expectations for further reductions
• Dangote Refinery partners are besides competing with NNPC by offering little pump prices crossed the country

Legit.ng journalist Dave Ibemere has implicit a decennary of concern journalism acquisition with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.

Nigerians volition wage little for petrol astatine filling stations operated by the Nigerian National Petroleum Company (NNPC) Limited, arsenic the state-owned lipid steadfast adjusts pump prices nationwide.

NNPC reduces petrol prices Photo credit: Bloomberg/contributor
Source: Getty Images

A survey by Legit.ng revealed that NNPC filling stations successful Lagos present merchantability petrol astatine N910 per litre, down from the erstwhile terms of N925 per litre.

A akin terms accommodation was observed successful different states, specified arsenic Abuja, wherever the terms of 1 litre of petrol dropped from N950 to N935.

The terms changes travel amid a determination by the Dangote petroleum refinery to besides slash ex-depot prices for marketers.

Dangote besides instructed its partners, which see AP, MRS, Heyden, Optima Energy, and Tecno Oil.

Dangote partners' prices include:

• Lagos: N890 per litre, down from N920
• South-West: N900 per litre, down from N930
• North-West and North-Central: N910 per litre, reduced from N940
• South-East, South-South and North-East: N920 per litre, antecedently N950

NNPC shares escaped petrol to customers

Meanwhile, the NNPC has opened caller filling stations successful Abuja and Bauchi States, including immoderate dedicated to Compressed Natural Gas (CNG).

In a statement released connected X, NNPC said the 2 caller filling stations are located connected Airport Road, Abuja (opposite Shoprite), and Kano–Ningi Road successful Bauchi State.

NNPC opens caller petrol prices Photo credit: NNPClimited
Source: Twitter

To observe the motorboat of the caller stations, the lipid institution distributed escaped petrol to motorists, including motorcycle riders, who each received 5 litres of fuel.

NNPC said:

"We are present person to you! Our caller presumption connected Airport Road, Abuja (opposite Shoprite), is open. We attraction astir your comfort, safety, and satisfaction."To accidental convey you, we gave distant escaped substance to customers who stopped by to acquisition petroleum products, including implicit 200 motorcycle riders who received 5 litres of escaped fuel."Stop by for your prime substance and a smooth, enjoyable acquisition each time.

For Bauchi NNPC added:

"Hello, Bauchi! Our caller presumption on Kano–Ningi Road was officially opened connected April 17, 2025."To celebrate, we treated immoderate of our archetypal customers to escaped substance arsenic a thank-you for the lukewarm welcome. Stop by for prime fuel, reliable service, and a creaseless acquisition each time."

S&P Global says Dangote substance remains pricey

Ealier, Legit.ng reported that S&P Global, an American fiscal analytics company, disclosed successful its caller study that Dangote’s terms simplification was not important capable comparative to the planetary crash successful crude prices.

It noted that the refinery did not little its gantry prices enough, and the importation of petrol remains precise attractive.

The mega refinery has reduced petrol and different petroleum merchandise prices respective times, creating a terms warfare with manufacture leaders.

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Source: Legit.ng