Categories: Energy

NNPC slashes petrol price in Lagos, Abuja

The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of Premium Motor Spirit, fondly called petrol, at its filling stations to N1,130 per litre in Lagos and N1,165 per litre in Abuja.

The new price represents a N100 reduction in Lagos, down from N1,230 per litre, and a N95 decrease in Abuja, where petrol previously sold for N1,260 per litre.

Checks on Thursday, March 12, 2026, showed that NNPC stations in Lagos were dispensing petrol at the new rate of N1,130 per litre.

US spent over $11bn in first six days of war with Iran – Report

Similarly, NNPC retail outlets in Abuja adjusted their pump price to N1,165 per litre.

The price adjustment comes shortly after Dangote Refinery reduced its ex-gantry petrol price to N1,075 per litre, following a drop in global oil prices to about $87 per barrel.

Earlier in the week, crude oil prices had surged past $100 per barrel, marking their highest level since July 2022.

The Star

Segun Ojo

Recent Posts

Wike plans infrastructure for new Waru-Pozema District

The Minister of the Federal Capital Territory Administration (FCTA), Nyesom Wike, has announced plans to…

9 minutes ago

Court declares Aiyedatiwa ineligible for 2028 Ondo gov election

A Federal High Court in Akure, the capital of Ondo State, has ruled that Governor…

1 hour ago

NiMet warns of rising meningitis risk in Sokoto, Zamfara, Kebbi, others

The Nigerian Meteorological Agency (NiMet) has issued a public health alert warning residents of several…

1 hour ago

12 Rep members dump PDP, LP, NNPP for APC, ADC

A fresh wave of defections swept through the House of Representatives as 12 members announced…

2 hours ago

ISWAP names Abu Ameer as Pulka camp leader after commander’s death

The Islamic State West Africa Province (ISWAP) has appointed a new commander for its Pulka…

3 hours ago

Muslim nations condemn Israel over Al-Aqsa Mosque closure during Ramadan

Eight Muslim and Arab countries have criticised Israel for closing the Al-Aqsa Mosque in Jerusalem…

4 hours ago

This website uses cookies.