NNPC Offers Petrol Discounts Amid Rising Prices in 2026
The Nigerian National Petroleum Company (NNPC) Limited has reaffirmed its commitment to support the Federal Government's efforts to alleviate the impact of rising petrol prices due to elevated global crude oil prices influenced by the Middle East conflict. In a statement from Chief Corporate Communications Officer Andy Odeh, NNPC acknowledged the strain higher petrol prices place on families and businesses.
The company introduced a sales discount on October 1, 2026, to commemorate Nigeria's 66th Independence Anniversary, which will now extend until October 31, 2026, across its retail stations nationwide. This initiative aligns with the announcement made by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on October 8, 2026, setting a petrol price of ₦1,350 per litre for one month.
NNPC clarified that the discount is intended as customer relief and does not signify the reintroduction of a petroleum subsidy.
Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.
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