NNPC has slashed the pump price of petrol in Abuja to ₦910/litre. This follows Dangote Refinery’s gantry price reduction to ₦825/litre, intensifying competition and reshaping Nigeria’s downstream fuel market.
- NNPC adjusted the Abuja petrol price from ₦935/litre to ₦910/litre, with no immediate impact in other cities.
- Dangote Refinery cut its gantry price again, dropping from ₦835/litre to ₦825/litre within weeks.
- Bulk marketers now resell fuel as low as ₦830/litre, applying pressure on traditional depot operators.
For commuters and small business owners in Abuja, the new price offers temporary relief in daily costs. However, residents in Lagos and other cities still await similar changes, sparking concerns about regional fuel equity.
Will NNPC’s price cuts ripple across other states, or will Dangote's market dominance dictate future rates? Nigerians brace for more shifts.
