Skip to content
Plus234Feed

NNPC Sets Petrol Price at N1,405, Higher Than Rivals

Business
Legit.ng
NNPC Sets Petrol Price at N1,405, Higher Than Rivals

The Nigerian National Petroleum Company Limited (NNPC) is currently selling petrol at N1,405 per litre at its retail outlets, which is higher than several competing filling stations. BOVAS and MRS charge N1,390 per litre, while Azman sells at N1,398, and Hariz and TotalEnergies each charge N1,400.

Only AA Rano sells above NNPC's price at N1,410 per litre. NNPC's Chief Corporate Communications Officer, Andy Odeh, confirmed the pricing and noted that customers using the NNPC Fuel App can access a lower effective cost of N1,339 per litre, valid from October 1 to October 31, 2026, with priority given to public transport operators.

Finance Minister Taiwo Oyedele described this scheme as a temporary margin discount rather than a return to fuel subsidy. Concerns have been raised regarding the app's accessibility for those without smartphones or reliable internet.

For those unable to use the app, NNPC's regular price remains higher than its competitors.

Plus234Feed summary based on reporting from Legit.ng. Read the original report below.

Read full article

Continue on Legit.ng

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.