BREAKING: Price Of Petrol Reduces At NNPCL Stations – See New Price

• NNPCL reduces petrol price to ₦965 in Abuja.
• Independent marketers maintain higher prices, ranging from ₦1,030 to ₦1,070.
• Port Harcourt Refinery operates fully, ensuring domestic fuel supply, says NNPCL.

The Nigerian National Petroleum Company Limited (NNPCL) has slashed the retail price of premium motor spirit (PMS), commonly known as petrol, to ₦965 per litre in the Federal Capital Territory (FCT).

This marks the second price reduction within two weeks, following an earlier drop from ₦1,060 per litre earlier this month.

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EKO HOT BLOG reports that the adjustment, implemented across NNPCL retail outlets in Abuja, has been met with enthusiasm by customers, although it has also led to long queues at some stations.

According to reports, the NNPCL mega station along Wuse Zone 4 and Olusegun Obasanjo Way in the Central Area sold petrol at the revised price of ₦965 per litre, prompting many commuters to rush to purchase fuel.

A driver who confirmed the price change expressed appreciation for the reduction but urged for a uniform pricing system across all filling stations for easier access. “Yes, NNPC has reduced its price to ₦965.

I bought it this morning, but the queue is too long. Maybe because other stations are selling at a different price,” he said.

Despite the reduction at NNPCL outlets, independent and major marketers have not followed suit, with prices still ranging between ₦1,030 and ₦1,070 per litre at various locations.

In related developments, NNPCL has reaffirmed that the Port Harcourt Refinery remains fully operational.

The refinery, which resumed production in November 2024 after extensive rehabilitation, has a capacity of 60,000 barrels per day and is playing a significant role in boosting domestic fuel supply.

This announcement counters recent media reports suggesting otherwise, with NNPCL emphasizing its commitment to ensuring a steady fuel supply nationwide.

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