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Nigeria: NNPC Reduces Petrol Price

  • NNPC Ltd has reduced petrol prices to N860 per litre at some retail outlets, down from N945, as observed by PUNCH Online.
  • Hammed Fashola, the National Vice President of the Independent Petroleum Marketers Association of Nigeria, confirmed that NNPC is selling petrol at N860 in filling stations.
  • The Dangote Refinery previously reduced its petrol price from N890 to N825 per litre last week.
  • Olufemi Soneye from NNPC Ltd stated that price adjustments occur regularly and reflect market dynamics since deregulation.
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Idoma Voice Newspaper broke the news in on Monday, March 3, 2025.
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