The Nigerian National Petroleum Company Limited (NNPCL) has again reduced the pump price of Premium Motor Spirit (PMS), popularly known as petrol.
A News correspondent who monitored fuel sales across parts of Abuja on Monday morning observed that NNPCL retail outlets have slashed the price to N815 per litre, down from N835, representing a N20 reduction.
The new price was confirmed at NNPCL filling stations located in Wuse Zones 6 and 4, Keffi–Abuja Road, and along the Kubwa Expressway.
Speaking to our correspondent, an NNPCL filling station attendant, who asked not to be named, said the revised price took effect on Sunday evening.
Despite the latest adjustment, the NNPCL price remains N79 higher than the N739 per litre currently sold at MRS filling stations nationwide, which are supplied by the Dangote Refinery.
Recall that on December 19, 2025, NNPCL reduced the pump price of petrol by N80, from N915 to N835 per litre, amid intense competition in the downstream oil sector following Dangote Refinery’s decision to cut its gantry price to N699 per litre.
The latest reduction is seen as part of ongoing price adjustments driven by competition and market dynamics within Nigeria’s deregulated petroleum sector.
