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NNPC and Filling Stations Release New Petrol Pump Prices
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By Prosper Olayiwola
Petrol prices in Nigeria continue to rise, and the impact is already being felt across the country as both the Nigerian National Petroleum Company Limited (NNPC) and other filling stations adjust their pump rates.
The effect has been a sharp drop in fuel consumption, with many Nigerians turning to cheaper alternatives such as Compressed Natural Gas (CNG).
Petrol Use falls as prices climb
Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) shows that average daily petrol consumption fell to 49.28 million litres in June 2025, compared to 68.35 million litres in June 2023.
That’s a 28% decline in just two years. The steep fall is closely linked to the surge in petrol prices since the removal of fuel subsidy in May 2023.
Back then, fuel averaged around ₦195 per litre. Today, Lagos residents are paying about ₦865 per litre, while Abuja and several northern states report prices closer to ₦890–₦895 per litre. In some regions, the pump price is pushing past ₦900.
Different regions, same issues.
Across the country, prices vary slightly but remain well above ₦850.
Lagos – ₦865 per litre
Abuja/North-Central – ₦890 per litre
North-East – ₦895 per litre
South-South/South-East – ₦895 per litre
Only a few independent stations in Lagos sell below ₦865, mostly those sourcing directly from Dangote Refinery.
How stations struggle to sell fuel
While motorists complain about the cost, filling station owners are also feeling the squeeze. Many stations say business is painfully slow, with some needing nearly two months to sell a truckload of 30,000 litres.
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An Abuja station manager explained that customers now buy fuel strictly when they cannot avoid it. Even generators, once a daily necessity are being used sparingly as families and businesses cut costs.
This trend is not limited to the capital.
Reports from Asaba, Kano, Kaduna, and Nasarawa reveal half-empty fuel stations, except for the few that offer slightly lower prices and attract long queues of cars, motorcycles, and tricycles.
CNG is gaining attention.
As petrol gets more expensive, CNG is steadily emerging as a serious alternative. More Nigerians are considering it for vehicles and generators, encouraged by promises of wider distribution through upcoming CNG trucks.
Industry watchers believe the government’s push for gas adoption could reshape the energy market if supply chains improve.
What the petroleum industry is saying
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised concerns over dwindling turnover.
According to its spokesperson, some marketers now sell only one truck every month or two, a trend that could threaten the survival of independent fuel retailers before the end of the decade.
Energy experts also warn that constant changes in pump prices are creating uncertainty. Analyst Henry Adigun noted that the lack of predictability undermines competition and makes it difficult for marketers to recover loans or plan long-term investments.
What you should know
Beyond petrol, competition between Dangote Refinery and private depots has sparked a price war that also touches diesel.
Some depots have begun cutting prices to lure buyers, a move that could reshape the downstream market in the months ahead.
For now, Nigerians face the daily reality of paying nearly five times the pump price of two years ago. With petrol use declining and alternatives gaining ground, the landscape of the nation’s energy market may look very different in the near future.
The Nigerian National Petroleum Company Limited, NNPCL, has slashed its fuel pump price for the second time within four days.
A market survey on Saturday by DAILY POST showed that NNPCL retail outlets around Airport Junction and Wuse Zone 6 (Berger) in Abuja have reduced their petrol price to N1210 per litre, down from N1260.
This means that the state-owned oil firm slashed the petrol price by N50 per litre.
This comes barely two days after Dangote Refinery reduced its petrol gantry price by N50 to N1,125 per litre.
Recall that four days ago, NNPCL had adjusted its fuel price pump by N75 per litre to N1260.
With the latest drop by NNPCL retail outlets, petrol prices stand between N1210 per litre and N1305 per litre in Abuja and its environs.
The reduction in domestic fuel comes amid falling crude oil prices, which stand at $69 per barrel and $71 per barrel for West Texas Intermediate and Brent crude, respectively, following the easing of the conflict in the Middle East.
Recall that President Bola Tinubu has kept mum amid the clamour by Nigerians for a commensurate drop in domestic fuel pump prices due to the significant reduction in crude oil prices.
The Independent National Electoral Commission, INEC, has said it is yet to receive the Certified True Copy, CTC, of the Federal High Court judgment that set aside an earlier order directing it to register the Nigeria Democratic Congress, NDC, as a political party.
INEC revealed this in a statement issued on Saturday by its Chief Press Secretary and Media Adviser to the Chairman, Adedayo Oketola.
According to the commission, although it is aware of media reports on the judgment delivered by the Federal High Court sitting in Lokoja on June 26, it cannot comment on the ruling until it obtains and reviews the certified copy.
The Independent National Electoral Commission, INEC, is aware of reports circulating in the media regarding the judgment delivered on Friday, June 26, 2026, by the Federal High Court sitting in Lokoja, which set aside an earlier order concerning the registration of the Nigeria Democratic Congress.
“However, as of this moment, the Commission has not yet received the Certified True Copy, CTC, of the court’s order,” the statement said.
INEC stated that its legal department would study the judgment upon receipt of the CTC before advising the commission on the next course of action.
“Once the Commission’s legal department receives and thoroughly studies the CTC of the judgment, INEC will take an informed, lawful decision in line with the court’s directives.
“Until then, we cannot comment on the specifics of the ruling, and the public is urged to await the Commission’s formal position on the matter,” Oketola added.
Justice Isah Dashen of the Federal High Court in Lokoja had on Friday set aside the court’s December 10, 2025, judgment directing INEC to register the NDC as a political party.
The court held that the rights of the Peace Movement Party were affected by the earlier judgment because it was not joined in the suit despite claiming ownership of the logo relied upon in securing the registration order.
Justice Dashen consequently ordered that all parties be restored to the positions they occupied before the December 2025 judgment and directed that the substantive suit be heard afresh with all necessary parties joined.
The NDC has rejected the ruling and announced plans to appeal the decision. Its National Chairman, Senator Moses Cleopas, maintained that the party had not been deregistered and argued that the trial court lacked jurisdiction to revisit a matter on which it had already delivered a final judgment.
The ruling has also attracted reactions from opposition figures, including the NDC’s presidential candidate, Peter Obi, the party’s National Leader, Senator Henry Dickson, and other stakeholders, who described the decision as a threat to Nigeria’s multiparty democracy and vowed to challenge it through all available legal channels.
INEC, however, maintained that it would reserve its position on the judgment until it receives and reviews the Certified True Copy.
A joint police operation rescued five victims abducted near Ogbere Forest in Ogun state on Wednesday.
They were rescued within 25 hours by the Lagos and Ogun Police Commands, which were part of a joint operation codenamed KOSAYE, meaning “No Space” in Yoruba.
The woman was among the victims who were shot in the incident. Her daughter and sister were among those rescued by the police on Thursday.
NNPC slashes petrol price twice within four days
Lokoja Court order: INEC speaks on NDC, says it’s yet to receive CTC
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