The Nigerian National Petroleum Company Limited (NNPC) has further slashed petrol prices across filling stations
As of Monday evening, Legit observed that petrol now sells below N910 per litre at NNPC filling stations in Lagos. This is a significant reduction from the amount it sold the previous day.
Recall that according to reports, NNPC retail stations sold the product for as low as N910 per litre in the nation’s capital as of Sunday, July 6, 2025. …CONTINUE READING
NNPC reduced petrol prices across filling stations, with petrol now selling for N885 per litre at NNPC stations
At other stations in the capital, petrol is now priced at N935 per litre in areas like Lugbe and Airport Road
The development means that petrol is now N35 cheaper in Abuja than the previous rate of N945 per litre. TheCable reports that at other filling stations in Abuja, PMS now sells at N935 per litre in Lugbe and Airport Road.
The new price cuts by the state oil firm come amid a similar step by Dangote Refinery, which reduced its ex-depot prices from N880 to N840 per litre following the drop in crude oil prices.
The mega refinery disclosed in a statement signed by its Chief Branding and Communications Officer, Anthony Chiejine, that the new price became effective on Monday, June 30, 2025.
Experts have said that with petrol prices changing regularly, industry players are planning a summit to establish a pricing framework.
Meanwhile, Sunbeth Energies Limited says it has inked a deal with Dangote Refinery to purchase and sell its petroleum products nationwide.
The company disclosed this in a statement on Sunday, July 6, 2025, stating that the milestone makes it one of the few downstream players to secure such a partnership.
“This partnership with Dangote refinery is not just a deal, it’s a signal. It signals our continued drive to contribute meaningfully to Nigeria’s energy security and long-term economic value,” the company stated.
It revealed that it is building a strong and responsive supply chain for the future that delivers with consistency and trust, and serves industries and communities nationwide.
