Fuel Prices Drop in Abuja as NNPC and Independent Marketers Slash Rates

The Nigerian business sector witnesses a significant development as NNPC and independent marketers lower petrol prices in Abuja. NNPC's fill station in the capital reduces petrol price to 915 per liter, down from 920.

Notable drops are seen across various independent markets and retail outlets, with prices ranging from 910 to 937 per liter depending on location and supplier dynamics. This move follows previous price cuts, impacting competition in the market, particularly for stations like AYM, Shafa, NIPCO, and others.

Dangote Refinery's higher prices have reportedly led to a drop in patronage at several filling stations.