Breaking: NNPC Slashes Petrol Prices In Lagos and Abuja – Commuters Rejoice

The Nigerian National Petroleum Company Limited (NNPCL) has reduced petrol prices at its retail outlets, selling at ₦865 per litre in Lagos and ₦890 per litre in Abuja. This represents a ₦10 drop from the previous rates of ₦875 and ₦900 per litre, respectively. Verification by The Cable on Friday confirmed the new prices at multiple NNPC stations.....KINDLY READ THE FULL STORY HERE▶

At the Abule Ado outlet in Lagos, petrol was priced at ₦865 per litre, while the Federal Housing Authority station in Kubwa, Abuja, sold it at ₦890 per litre.

The reduction comes just nine days after NNPC lowered prices to ₦875 in Lagos and ₦900 in Abuja on August 6, following a brief hike to ₦915 and ₦955, respectively.

Meanwhile, on August 12, Dangote Petroleum Refinery also announced a price cut, bringing petrol down to ₦820 per litre from ₦850. The refinery emphasized its commitment to supporting Nigeria’s economic growth and ensuring a stable supply of petroleum products.

“As part of our dedication to national development, Dangote Petroleum Refinery guarantees a steady and uninterrupted supply of petroleum products,” the company stated.

In line with its sustainability initiatives, Dangote plans to deploy 4,000 Compressed Natural Gas (CNG)-powered trucks for nationwide fuel distribution, starting August 15, 2025.