NNPC Extends N66 Petrol Discount Until October 31, 2026

The Nigerian National Petroleum Company Limited (NNPC) announced on October 9, 2026, that it has extended its N66-per-litre petrol discount at its retail stations across Nigeria until October 31, 2026. This initiative, originally launched as an Independence Day promotion on October 1, was intended to alleviate the financial burden on customers due to rising global crude oil prices.

The discount was initially set to run from October 1 to October 7. Andy Odeh, NNPC's Chief Corporate Communications Officer, emphasized that the discount does not signify a return to fuel subsidy, a point supported by Taiwo Oyedele, the Minister of Finance and Coordinating Minister.

Oyedele clarified that the initiative is funded from NNPC's own margin rather than the Federation Account. The discount applies exclusively to NNPC Retail outlets and does not affect the market-based pricing framework for petroleum products.

NNPC aims to provide clear information about its customer initiatives to assist Nigerians in making informed purchasing decisions.