NNPC Releases New Petrol Prices Across States Ahead of Christmas
- The NNPC has released changes in the price of petrol across the states, with Abuja among the cheapest, surprisingly
- The new petrol price will bring massive relief to Nigerians ahead of Christmas travels across the country
- Prices vary widely across states, mostly around N900 per litre in the South-South and South-East
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The Nigerian National Petroleum Company Limited (NNPC) has released a fresh set of petrol pump prices across its retail outlets nationwide.
Information gathered by Legit.ng showed that residents in Abuja now pay N835 per litre, which is lower than Lagos' rate of N820 when buying petrol at NNPC retail outlets as of Friday, December 19.
Source: Getty Images
The new petrol price follows Dangote’s decision to cut ex-depot prices to N699 and implement a N739 retail price at partner filling stations.
Punch reports that MRS, one of Dangote’s partners, has already adopted the new pump price. To remain competitive, NNPC has also adjusted its petrol prices.
New petrol prices at NNPC retail outlets
The most expensive state to buy petrol at NNPC filling stations ahead of Christmas is Gombe, where the pump price is N965 per litre. Niger state follows closely, with petrol averaging N955 per litre, while Zamfara recorded about N945 per litre.
Sokoto and Kaduna also featured among the higher-priced states, with pump prices of N930 and N925 per litre, respectively.
In the South-South and South-East regions, petrol prices are largely around the N900 mark. Motorists in Akwa Ibom, Borno, and Cross River will pay about N910 per litre, while Ebonyi recorded N908 per litre.
Several states, including Abia, Adamawa, Anambra, Enugu, Imo, Kano, and Taraba, sold petrol at roughly N905 per litre.
States with relatively moderate prices included Edo and Oyo, where petrol sold for about N890 per litre, while Ogun, Ondo, Osun, and Rivers recorded average prices of N895 per litre.
In Benue, NNPC sells petrol at N875 per litre, making it one of the cheapest states to buy petrol.
Source: Getty Images
Also, Kwara State recorded one of the lowest prices nationwide at N850 per litre, reinforcing Abuja’s position as the cheapest market among major consumption centres.
Snapshot of the new petrol prices arranged from highest to lowest
- Gombe: N965
- Niger: N955
- Zamfara: N945
- Sokoto: N930
- Kaduna: N925
- Nassarawa: N920
- Bauchi: N915
- Akwa Ibom: N910
- Borno: N910
- Cross River: N910
- Yobe: N910
- Ebonyi: N908
- Abia: N905
- Adamawa: N905
- Anambra: N905
- Enugu: N905
- Imo: N905
- Kano: N905
- Taraba: N905
- Bayelsa: N900
- Delta: N900
- Ekiti: N900
- Plateau: N900
- Edo: N890
- Oyo: N890
- Ogun: N895
- Ondo: N895
- Osun: N895
- Rivers: N895
- Kwara: N850
- Abuja: N835
- Lagos: N820
The new petrol price comes as a major relief for Nigerians, who hope transporters will adjust fares ahead of the Christmas and New Year travel rush.
Dangote gets new customers
Earlier, Legit.ng reported that another oil marketer has joined the growing list of companies sourcing fuel directly from the Dangote Refinery.
Sixxco Oil Ltd, a Nigerian downstream operator, has begun taking delivery of petroleum products from the refinery under its Direct Delivery Scheme, according to earlier reports by Legit.ng.
The company recently dispatched its first set of trucks loaded with Premium Motor Spirit (PMS) and other petroleum products from the Dangote facility.
Proofreading by James Ojo, copy editor at Legit.ng.
Source: Legit.ng
