NNPCL Partners with Government for Discounted Fuel Sales

The Nigerian National Petroleum Company Limited (NNPCL) has announced its commitment to support the federal government's initiative to provide discounted petrol to Nigerians through its filling stations. This announcement follows a statement made by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on October 8, 2026, indicating that the discount will last for 30 days and is not a subsidy but a government arrangement to sell petrol at cost.

NNPCL's Chief Corporate Communications Officer, Andy Odeh, emphasized that the initiative aims to relieve the financial burden on households and businesses due to rising fuel prices, exacerbated by global crude oil price increases linked to the Middle East conflict. The discount sales began on October 1, 2026, coinciding with Nigeria's 66th Independence Anniversary, and will continue until October 31, 2026.

NNPCL assured that it has sufficient stock to meet demand and reiterated that this initiative does not reintroduce a petroleum subsidy.