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Nigeria: NNPC Cuts Petrol Price Again Amidst Intense Market Competition

Kehinde Giwa by Kehinde Giwa
January 5, 2026
in Business
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Nigeria: NNPC Cuts Petrol Price Again Amidst Intense Market Competition
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The Nigerian National Petroleum Company Limited (NNPC) has once again reduced the pump price of petrol at its retail outlets, this time by N20.

On Monday, checks across several NNPC filling stations in Abuja confirmed that petrol is now selling for N815 per litre, down from the previous price of N835.

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This price adjustment was reportedly implemented on Sunday evening.

Despite this reduction, the NNPC’s price remains N79 higher than the N739 per litre offered at MRS filling stations, which are supplied by the Dangote Refinery.

This latest move is part of an ongoing price war in Nigeria’s downstream sector, which intensified after the Dangote Refinery significantly cut its gantry price, prompting a previous N80 price reduction by the NNPC on December 19, 2025.

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