News Update
THE Nigerian National Petroleum Company Limited has reduced its premium motor spirit price.
It was observed on Saturday that the petrol price at NNPCL filling stations in the Federal Capital Territory, Abuja, has been reviewed downwards to N935 per litre from N950.
Some motorists in Abuja confirmed the new fuel price adjustment at NNPCL retail outlets.
Abdullahi Hashim, a resident of Kubwa, Abuja, said, ‘I observed the drop in the fuel price to N935 per litre on Saturday morning. It is a welcome development.”
“I think I first saw this new price adjustment in Town, Wuse Zone 4 area, on Friday. NNPCL filling station at Kubwa Expressway is just reflecting it,” Bukola Adewole told Newsmen.
The development comes after Dangote Refinery announced a drop in its ex-depot petrol price to N835 per litre from N865.
The 650,000 barrels per day refinery had announced that its partners, such as MRS and AP filling stations, are expected to sell petrol between N890 and N920 per litre, depending on the location.
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Meanwhile, It was observed that MRS filling stations in Abuja have not been dispensing fuel since Wednesday, April 16, 2025, when Dangote Refinery announced a slash in ex-depot petrol price.
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