NNPC Reduces Petrol Pump Prices by N45, Matches Dangote’s Rate

The Nigerian National Petroleum Company Limited (NNPCL) has once again revised petrol pump prices downward in Lagos state to N740 per litre, as reported by Legit.

The new rate is a N45 reduction from the previous rate of N785.

NNPC filling stations’ new pump price now aligns with the N739 per litre offered by Dangote Refinery partners’ filling stations like MRS Oil.

Kunle Ajimobi, a fuel attendant in NNPC fuel station at Egbeda, Lagos, confirmed the rate to Legit.ng:

“Yes, over the weekend, we adjusted our pumps to N740. We were losing customers because other stations around us were selling at lower prices than the previous N785 per litre.”

Dangote refinery had earlier instructed MRS filling stations in Lagos and other states to sell petrol at N739 per litre.

Dangote said: ” We remain fully committed to supplying high-quality, internationally benchmarked petroleum products at competitive prices.

“Our operations continue to moderate prices in the market, ensuring Nigerian consumers receive genuine value for money.”

NNPC is expected to adjust fuel prices in Abuja and other states in the days ahead.