Retail pump prices for premium motor spirit at Nigerian National Petroleum Company Limited (NNPCL) outlets have been reduced again, reflecting continued adjustments in the country’s deregulated downstream oil market.
Checks across parts of Abuja on Monday showed that NNPCL filling stations lowered the pump price of petrol to N815 per litre from the previous N835, representing a N20 reduction. The new price was observed at NNPCL outlets in Wuse Zones 4 and 6, along the Keffi–Abuja Road, and on the Kubwa Expressway.
An attendant at one of the stations, who declined to be named, confirmed that the revised price took effect on Sunday evening, with outlets promptly adjusting their pumps.
Despite the reduction, NNPCL’s price remains significantly higher than that of some competitors. Petrol sold at MRS filling stations supplied by the Dangote Refinery is currently priced at N739 per litre nationwide, putting NNPCL’s new rate at N79 above that level.
The latest cut follows an earlier reduction announced on December 19, 2025, when NNPCL slashed petrol prices by N80 to N835 per litre. That move came amid heightened competition in the downstream sector after the Dangote Refinery reduced its gantry price to N699 per litre, triggering a price war among fuel marketers.
Industry watchers say the ongoing adjustments underscore the impact of increased domestic refining capacity and market-driven pricing on fuel costs, as operators respond to competitive pressures while balancing supply, logistics and cost considerations.