Bayo Ojulari-Led NNPCL Announces New Fuel Price Per Litre

The Bayo Ojulari-led NNPCL has announced a new fuel price per litre.

Newsone Nigeria reports that the Nigerian National Petroleum Company Limited, NNPCL, has reduced its retail price of Premium Motor Spirit.

This online news platform understands that NNPCL retail outlets along Kubwa Express Way, Zone 4 Abuja, and Gudu, all in the Federal Capital Territory, adjusted their fuel pump price to N910 per litre from N935 on Saturday, May 3, 2025, showing that the state-owned firm reviewed its petrol price downwards by N20.

The latest fuel price by the Bayo Ojulari-led NNPCL has resulted in motorists trooping to NNPCL filling stations as of Saturday. The latest price drop by NNPCL retail outlets is the latest outcome of the ongoing ‘price war’ in the downstream sector of the petroleum industry.

MRS filling stations and other Dangote Refinery partners currently sell petrol for N910 per litre, this is as Dangote Refinery announced a drop in its petrol ex-depot price to N835 per litre.

Thereafter, the 650,000-barrel refinery announced that its partners, including MRS, AP (Ardova), Heyden, Optima Energy, Hyde, and Techno Oil, will sell petrol at N890 to N920 in Lagos, Abuja, and other parts of the country.

The development caused price disruption in the country’s petroleum downstream sector.

Meanwhile, Newsone understands that the other filling stations sell petrol between N930 and N950 per litre, depending on the location.

On April 20, 2025, NNPCL reviewed its petrol retail price downwards to N935 per litre.