Nigerian Filling Stations Slash Petrol Prices Amid Competition
More Nigerian filling stations have lowered their petrol pump prices as competition intensifies in the downstream petroleum market. MRS and Ardova filling stations have reduced their petrol prices to N1,355 per litre, down from N1,370 per litre.
In Abuja, AA Rano and Ranoil have also cut prices to N1,400 per litre from N1,420. The latest adjustments mean petrol prices in major filling stations in Lagos and Abuja now range from approximately N1,355 to N1,430 per litre.
These reductions follow recent price cuts by the Nigerian National Petroleum Company Limited (NNPCL), which lowered its petrol prices to N1,370 per litre. The adjustments are expected to relieve motorists and businesses facing high transportation costs.
Additionally, data from the NMDPRA indicates that Dangote Refinery supplied the majority of domestic fuel in Nigeria in August 2026, contributing to the changing dynamics in the downstream market.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
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