The Nigerian National Petroleum Company (NNPC) Limited has reduced the retail price of petrol at its outlets to N925 per litre in Lagos and N965 per litre in Abuja.

NNPC dropped the price of the product from N1,025 per litre in Lagos and N1,040 in Abuja.

TheCable observed that the petrol price dropped to N925 per litre at NNPC retail outlets in Ago Palace Way, Lagos.

A pump attendant told TheCable that the NNPC outlet at Apple Junction reduced its petrol price on Monday afternoon to N925.

However, at the NNPC retail branch at College Road, Ogba, the price of the product stood at N1,015.

The pump price of petrol also dropped to N1,015 — from N1,025 per litre at the Mobile filling station, at College Road.

In Abuja, NNPC also slashed the petrol price to N965 at its Lugbe outlet.

At the MRS filling station on Kubwa road, the pump price dropped to N935 per litre from N1,070.

In Ibadan, NNPC reduced the price of the product to N985 per litre — from N1,015 per litre — at the Agodi retail outlet.

The development comes after a reduction in the product’s ex-depot prices in the downstream sector.

On December 19, Dangote Petroleum Refinery reduced the ex-depot price of its petrol to N899.50 per litre.

Similarly, the refinery partnered with MRS Oil Nigeria Plc filling stations to sell petrol at N935 per litre at its retail outlets.

On December 21, the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) said the NNPC reduced its ex-depot price to N899 per litre in Lagos.

tutudesz:
Most filling station are still selling 1025 hopefully the price will crash more to maybe 600 to 700 by January

vanbonattel:
Keep pumping propaganda

Real pump price still above 1,000 everywhere.

vanbonattel:


Hopefully my brother

They are laughing at the masses frustration

Paraman:


A lot of filling station are now selling below #1000. In some part of Lagos, AP is selling for #997, Mobil is selling for #999

Paraman:
You don change mouth Okoro

MRS filling stations all over Nigeria are selling for #935/litre

RealLordZeus:
NNPC selling at 950 in Ibadan
But if the refinery is in Port-Harcourt, why is Fyel cheaper in Lagos than everywhere..

Can someone explain

vanbonattel:


MRS filling stations are less than 2% of the entire filling stations in Nigeria

RealLordZeus:
NNPC selling at 950 in Ibadan
But if the refinery is in Port-Harcourt, why is Fuel cheaper in Lagos than everywhere..

Can someone explain
Is NNPC still importing through Lagod docks or buying from Dangote's

Paraman:
NNPCL is selling for #950/litre in Ibadan

vanbonattel:


I just asked chat GP, they said I should ask tibumbu

vanbonattel:




A small, 1 plot state

vanbonattel:


How much are they selling in Zamfara?

Paraman:
A small, 1 plot state that's more prosperous than the 5 tiny south eastern state

Paraman:
#970

vanbonattel:


Which prosperous? On IGR abi?

The biggest slum in the world.

vanbonattel:


Bross, just stop lying.

vanbonattel:
Keep pumping propaganda

Real pump price still above 1,000 everywhere.

Government of lies and deceit.

During Jonathan regime, no propaganda, you just walked to the filling station and buy for #87 naira, no long grammar. Now they will float 3 threads to front page to announce fuel prices at 800 naira, meanwhile you still buy at 1040 as usual.

Apcshyte:


87 naira? Haba you can lie

vanbonattel:
Keep pumping propaganda

Real pump price still above 1,000 everywhere.

Government of lies and deceit.

During Jonathan regime, no propaganda, you just walked to the filling station and buy for #87 naira, no long grammar. Now they will float 3 threads to front page to announce fuel prices at 800 naira, meanwhile you still buy at 1040 as usual.