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The Digest:

The Nigerian National Petroleum Company (NNPC) has reduced the petrol price to N875 per litre in Lagos and N900 in Abuja, just days after a price hike. This move marks a N40 per litre decrease in both cities, providing some relief for consumers.


Key Points:

  • NNPC cuts petrol price to N875/litre in Lagos and N900/litre in Abuja.
  • The reduction follows a recent increase, where prices were N915 in Lagos and N955 in Abuja.
  • Dangote refinery partners, Mobil and AP, maintain prices at N915/litre.
  • The National Bureau of Statistics (NBS) report shows a 38.32% rise in petrol prices in June 2025.
  • The highest petrol prices were observed in Lagos, Jigawa, and Ondo states.
  • Yobe, Kogi, and Imo recorded the lowest prices for petrol in June 2
NNPC's recent petrol price reduction offers some relief to consumers in Lagos and Abuja, following a period of high fuel prices. The move reflects ongoing volatility in fuel pricing, with various regions experiencing differing average prices

Sources: TheCable, NBS