NNPCL Slashes Petrol Price to N910 per Litre in Abuja Following Dangote Refinery’s Adjustment

Petrol Price Hits ₦945/Litre at NNPC Stations Amid Soaring Global Oil Prices Petrol Price Hits ₦945/Litre at NNPC Stations Amid Soaring Global Oil Prices

The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of Premium Motor Spirit (PMS), commonly known as petrol, across its retail outlets in Abuja.

News360 Nigeria reports that NNPCL stations at locations such as Zone 6, Kubwa Expressway, and Wuse Zone 4, on Saturday, lowered their pump price from N945 to N910 per litre — a N35 decrease. The move brings significant relief to motorists grappling with high fuel costs in recent weeks.

This reduction comes just four days after Dangote Refinery cut its petrol ex-depot price from N880 to N840 per litre, citing a drop in global crude oil prices.

Independent marketers have also responded, adjusting their pump prices accordingly. In Abuja, prices have dropped to between N930 and N940 per litre, down from N945–N975, while Lagos motorists now pay around N890, a reduction from the previous N925 per litre.

Industry watchers see the development as a potential signal of further fuel price stabilisation, depending on global market trends and domestic supply improvements.