The Nigerian National Petroleum Company Limited (NNPCL) has once again reduced the pump price of Premium Motor Spirit (PMS), commonly known as petrol or fuel, at its retail outlets. This latest adjustment sees NNPCL filling stations now selling petrol at ₦815 per litre, a decrease from the previous ₦835 per litre. This represents a significant ₦20 reduction, impacting consumers across various NNPCL stations in Abuja, including those in Wuse Zone 6, Wuse Zone 4, and along the Keffi-Abuja Road, as well as on the Kubwa Expressway. The new price was reportedly implemented on Sunday evening, according to station attendants.
While this reduction is a welcome development for many Nigerians, it’s important to note that the current ₦815 per litre price is still higher than that offered by some competitors. For instance, MRS filling stations, which are reportedly backed by Dangote Refinery, are dispensing petrol at ₦739 per litre nationwide. This price difference is linked to Dangote Refinery’s recent decision to reduce its gantry price.
This is not the first time NNPCL has adjusted its petrol prices recently. On December 19, 2025, the company had already slashed the pump price by ₦80, bringing it down to ₦835 per litre. This earlier reduction was a response to an intensifying price war within Nigeria’s oil downstream sector, largely initiated by Dangote Refinery’s move to set its gantry price at ₦699 per litre.
What is the new NNPCL petrol price?
The new NNPCL petrol price is ₦815 per litre, a reduction of ₦20 from the previous ₦835 per litre. This price has been implemented across NNPCL retail outlets.
The ongoing price adjustments by major players in the petroleum sector highlight a dynamic market influenced by refinery operations and competitive strategies. Consumers are keenly observing these changes, as they directly affect the cost of transportation and other essential services.
Understanding the factors driving these price fluctuations is crucial for consumers to make informed decisions about fuel purchases. The interplay between NNPCL’s pricing strategies and the market influence of refineries like Dangote’s creates a competitive landscape that ultimately benefits the end-user through potentially lower prices.
How does the new NNPCL price compare to other stations?
The new NNPCL price of ₦815 per litre is higher than the ₦739 per litre currently offered by MRS filling stations, which are linked to Dangote Refinery.
Why has NNPCL reduced petrol prices again?
NNPCL has reduced petrol prices again as part of an ongoing strategy to remain competitive in the Nigerian oil downstream sector and respond to price changes initiated by other major players, such as Dangote Refinery.
Is the new petrol price implemented nationwide?
The price reduction to ₦815 per litre has been confirmed at NNPCL stations in Abuja. While the article focuses on Abuja, it implies a broader implementation, though specific details for all regions are not provided.
What was the previous NNPCL petrol price?
The previous NNPCL petrol price was ₦835 per litre before the latest reduction.
How much is the petrol price reduction?
The latest petrol price reduction by NNPCL is ₦20 per litre.
What is the impact of Dangote Refinery on petrol prices?
Dangote Refinery’s decision to cut its gantry price has significantly influenced the market, triggering price wars and leading to reductions in petrol prices by other major players like NNPCL and MRS stations.
What does PMS stand for?
PMS stands for Premium Motor Spirit, which is the official term for petrol or fuel in Nigeria.
How to find NNPCL stations with the new price?
To find NNPCL stations with the new price, consumers can check NNPCL retail outlets in their locality. The article mentions specific locations in Abuja as examples of where the price has been adjusted.
What are the key takeaways from the NNPCL price drop?
The key takeaways are that NNPCL has lowered its petrol price, but it remains higher than some competitors, and these changes are driven by market competition and refinery pricing strategies.
