
The Digest:
The Nigerian National Petroleum Company Limited (NNPCL) has announced a third reduction in the price of petrol this month, lowering its pump price to N835 per litre in Abuja. According to Daily Post Nigeria, this represents an N80 decrease from the previous price of N915 per litre, following similar cuts by other major marketers.
Key Points:
- NNPCL has reduced the pump price of petrol to N835 per litre in Abuja
- This marks a decrease of N80 from the previous price of N915
- It is the third price adjustment made by the state-owned firm in December 2025
- Other major marketers like MRS, BOVAS, and AA Rano had earlier reduced prices
- Price cuts follow reductions in the ex-depot price by Dangote Refinery and depot owners
- Previous NNPCL price reductions occurred on December 4 and 10, 2025
- The move signals a positive trend in fuel pricing amid broader economic pressures
Sources: Daily Post Nigeria, Tribune