NNPCL Reduces Petrol Prices in Abuja Amid Market Competition

The Nigerian National Petroleum Company Limited (NNPCL) has lowered petrol prices at its Abuja retail outlets, with a reduction from N835 to N815 per liter. This adjustment comes after a previous price cut in December 2025.

Despite the reduction, NNPCL's prices remain higher than those at private outlets like Dangote Refinery, indicating intense competition in the downstream oil sector. The price war triggered by Dangote Refinery's price slash to N699 per liter has led to market reviews nationwide.

The latest price decrease signals a competitive environment in the petrol market, with consumers eagerly anticipating further drops.