NNPC Extends N66 Petrol Discount Until October 31, 2026

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced an extension of its N66 per litre petrol discount at retail outlets across Nigeria until October 31, 2026. This discount was initially introduced on October 1, 2026, to commemorate Nigeria's 66th Independence Anniversary and to provide temporary relief to motorists due to rising global crude oil prices linked to the conflict in the Middle East.

NNPC Ltd emphasized that this initiative does not indicate a return to petroleum subsidy, as stated by Chief Corporate Communications Officer Andy Odeh. The company aims to support the Federal Government's efforts to mitigate the impact of increased fuel costs on households and businesses.

NNPC Ltd clarified that the discount is limited to its retail outlets and does not alter the market-based pricing framework for petroleum products. The statement, published on October 9, 2026, also urged Nigerians to disregard any interpretations suggesting a reversal of the government's subsidy policy.