US EditionNigeria: NNPCL Adjusts Petrol Price From N910 to N945 in Abuja
- On Monday, June 22, 2025, fuel prices at NNPCL retail outlets in Abuja were raised from N910 to N945 per litre.
- This price hike followed a rise in global crude oil prices driven by escalating conflict between Israel and Iran and the U.S. bombing of Iranian nuclear sites.
- Dangote Refinery recently raised its wholesale price for petrol to N880 per litre, prompting retail outlets in Lagos to increase their pump prices in response to market trends and deregulation.
- Public Relations Officer Chinedu Ukadike said, "The most significant factor is the price of crude oil," and NNPC's Olufemi Soneye confirmed consistent price adjustments responding to market forces.
- The increase implies higher transportation costs and inflation risks in Nigeria, demonstrating the impact of international oil price volatility on local fuel prices.
15 Articles
15 Articles
NNPCL increases fuel price
The Nigerian National Petroleum Company Limited, NNPCL, has increased its premium motor spirit price. DAILY POST correspondent who went round NNPCL retail outlets in Abuja on Monday gathered that the state-owned oil firm has jerked up the fuel pump price to N945 per litre from N895. This was the case in NNPCL filling stations along Kubwa Expressway, Wuse Zone 6 (Berger), Zone 4, Airport Road, Lugbe, and across its locations in Abuja. This showed…
NNPC Jerks Up Petrol Price To N945 In Abuja, N915 In Lagos
June 23, (THEWILL) – The Nigerian National Petroleum Company (NNPC) Limited has increased the pump price of petrol to N945 per litre in Abuja and N915 in Lagos, citing rising upstream and global market pressures. The new rates, implemented at NNPC retail stations on Monday, mark a sharp hike from N910 in Abuja and N870
NNPC Retail Outlets Hike Petrol Price To ₦945/Litre Amid Geopolitical Tensions, Global Oil Market Volatility - TheNigeriaLawyer
Retail outlets operated by the Nigerian National Petroleum Company (NNPC) Limited have raised the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦945 per litre in the Federal Capital Territory (FCT) as of Monday. The fresh increase also affected NNPC stations in Lagos, where petrol now sells for ₦915 per litre. In Ibadan, the Oyo State capital, pump prices climbed to ₦925 per litre. These hikes represent increases of ₦35 …
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