NNPCL reduces fuel price to N910 per litre.
The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in the retail price of Premium Motor Spirit (petrol).
According to a post on Saturday, NNPCL retail outlets along Kubwa Express Way, Zone 4, Abuja, and Gudu, all in the Federal Capital Territory, adjusted their fuel pump prices to N910 per litre from N935.
This showed that the state-owned firm reviewed its petrol price downwards by N20.
The fresh price drop in the retail prices has resulted in motorists trooping to the filling stations as of Saturday.
The latest price drop by the retail outlets is the latest outcome of the ongoing ‘price war’ in the downstream sector of the petroleum industry.
MRS filling stations and other Dangote Refinery partners currently sell petrol for N910 per litre.
Recall that Dangote Refinery announced a drop in its petrol ex-depot price to N835 per litre.
Thereafter, the 650,000-barrel refinery announced that its partners, including MRS, AP (Ardova), Heyden, Optima Energy, Hyde, and Techno Oil, will sell petrol at N890 to N920 in Lagos, Abuja, and other parts of the country.
The development caused price disruption in the country’s petroleum downstream sector.
It was previously reported that other filling stations sell petrol between N930 and N950 per litre, depending on the location.
On April 20, 2025, NNPCL reviewed its petrol retail price downwards to N935 per litre.
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