NNPCL Reduces Petrol Price Full Details

The Nigerian National Petroleum Company Limited (NNPCL) has lowered the pump price of Premium Motor Spirit (PMS), commonly known as petrol, at its retail stations in Abuja.

According to findings by Daily Post, several NNPCL outlets across the Federal Capital Territory—particularly in Zone 6, Kubwa Expressway, and Wuse Zone 4—revised their prices from ₦945 to ₦910 per litre as of Saturday morning, reflecting a ₦35 reduction.

This price cut follows similar actions by major oil marketers and suppliers, prompted by declining global crude oil prices.

The adjustment by the state-owned oil giant comes shortly after the Dangote Petroleum Refinery also slashed its ex-depot price of petrol from ₦880 to ₦840 per litre.

Dangote Group’s spokesperson, Anthony Chiejina, confirmed the price change to Punch on Monday night, stating that it became effective on June 30, 2025.

“PMS price has been reduced from ₦880 to ₦840 per litre effective 30th June,” Chiejina said.

This latest reduction follows a recent price hike by the refinery, which had increased the ex-depot rate to ₦880 amid global market volatility caused by the 12-day conflict between Israel and Iran. The unrest had driven crude oil prices to nearly $80 per barrel.