NNPC Lowers Petrol Pump Prices to ₦895 in Abuja, ₦865 in Lagos
[NigerianEye - Nigeria] - 16/07/2025
The Nigerian National Petroleum Company (NNPC) Limited reduced the pump price of petrol at its retail stations. According to recent updates:- Price in Lagos: ₦865 per litre- Price in Abuja: ₦895 per litreThis reduction follows a similar move by Dangote Petroleum Refinery, which lowered its ex-depot price of petrol from ₦840 to ₦820 per litre on July 8. The latest adjustment marks the second drop in two weeks by the privately owned refinery.The price reduction signals intensified competition in the deregulated downstream market.The Petroleum Retailers Outlet Owners Association of Nigeria (…)
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