03
May
May
JUST IN: NNPCL REDUCES FUEL PRICE TO N910 PER LITRE
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CapitalTimesNews / 1 month
- 0
- 1 min read
The Nigerian National Petroleum Company Limited (NNPCL) has reduced its retail price of Premium Motor Spirit (PMS) to N910 per litre from N935, a decrease of N25. The new price was observed at NNPCL retail outlets along Kubwa Express Way, Zone 4 Abuja, and Gudu, all in the Federal Capital Territory. The price drop has resulted in motorists flocking to NNPCL filling stations to take advantage of the reduced price. The latest price adjustment is part of the ongoing “price war” in the downstream sector of the petroleum industry. MRS filling stations and other Dangote Refinery partners currently sell petrol for N910 per litre, while the 650,000-barrel refinery announced that its partners will sell petrol at N890 to N920 in Lagos, Abuja, and other parts of the country. Other filling stations sell petrol between N930 and N950 per litre, depending on the location. The NNPCL had reviewed its petrol retail price downwards to N935 per litre on April 20, 2025. The latest price drop is expected to bring some relief to motorists and other consumers.