Business

NNPC Reduces Petrol Price Again

News Update

THE Nigerian National Petroleum Company Limited has again reduced the pump price of petrol at its retail filling stations.

On Monday morning, January 5, observations made in Abuja showed that outlets belonging to the company are now selling Premium Motor Spirit at ₦815 per litre, compared to the earlier price of ₦835 per litre.

This latest review represents a ₦20 decrease in the pump price and has already taken effect in several filling stations operated by the company across the Federal Capital Territory.

Some of the locations where the new price has been implemented include Wuse Zone 6, Wuse Zone 4, the Keffi–Abuja Road corridor, and the Kubwa Expressway.

However, despite the downward review, petrol from the company remains costlier than fuel sold at MRS stations supported by Dangote Refinery, which currently dispenses fuel at ₦739 per litre nationwide.

The lower MRS price is linked to recent reductions resulting from Dangote Refinery’s decreased gantry price.

This latest adjustment follows earlier reductions made recently.

On December 19, 2025, the company reduced the price of petrol by ₦80 to ₦835 per litre.

These price movements reflect an ongoing competition within Nigeria’s downstream oil sector, driven largely by shifts in gantry prices from major fuel suppliers.

MESSAGE us @ https://Wa.me/+2348072633727 for business relationship, Advert, PR, Publicity, Awareness, Interviews, Feature Stories, Press Release/Statement and so on…

Motorists and consumers are continuing to monitor filling stations closely as more price changes may occur.

VAM News

Recent Posts

Tyla shines, Burna Boy, Davido, Ayra Starr crawl at Grammys 2026 – African music

News Update South African singer, Tyla, has won the Best African Music Performance award at…

50 minutes ago

List of African Countries Americans should not travel to in 2026 emerged

News Update THE United States has added Niger to its Level 4 “Do Not Travel”…

58 minutes ago

Ondo at 50: Aiyedatiwa anchors State’s future on faith, justice, ethical leadership at thanksgiving service

News Update Governor of Ondo State, Dr Lucky Orimisan Aiyedatiwa, has attributed the survival and…

1 hour ago

How Nigerian Singer, Nanyah died after snake bite in Abuja

News Update More facts have emerged regarding the death of upcoming singer, Ifunanya Nwangene, who…

5 hours ago

Osun Assembly Alleges Diversion Of Council Funds By ‘Sacked APC LG Chairmen’, Accuses Minister Oyetola, UBA

OSUN State House of Assembly has raised the alarm over what it described as the…

10 hours ago

Lecturer Dies After Visiting 25-year Old Female Student In Hostel

News Update Niger State Police have confirmed the death of 53-year-old lecturer Abdulfatai Aiyede, who…

1 day ago