Fuel prices across Nigeria have been revised as market competition intensifies and global oil prices fluctuate. Both public and private sector players are adjusting their rates to reflect these changes.
🔄 Latest Fuel Price by Marketer
- NNPC (National Petroleum Company Limited): ₦890 per litre
- Dangote Refinery Marketers: ₦885 per litre
- Independent Marketers: ₦700 to ₦880 per litre (depending on region)
Some remote or high-cost regions report prices as high as ₦950–₦1,200 per litre due to transportation and depot logistics.
📍 State-Level Fuel Price Snapshot
| Region | Fuel Price Range (₦/Litre) |
|---|---|
| Lagos | 865–885 |
| Abuja (FCT) | 885–895 |
| Southeast/Northeast | 950–1,200 |
| Other Urban Centers | 880–910 |
🧾 Drivers Behind the New Pricing
- Market Deregulation: The removal of fuel subsidies has allowed prices to float based on market dynamics.
- Competition from Dangote Refinery: Aggressive pricing by new market entrants has prompted NNPC to lower its rates.
- Global Crude Oil Prices: International cost and forex volatility continue to influence local pump prices.
- Regional Logistics: Variations in supply chain access impact regional fuel pricing.
🚚 Logistics Impact and Fuel Planning
- Transport Companies: Need to recalibrate delivery costs and route budgets
- SMEs & Corporates: Can optimize fuel usage through digital platforms like Travo.ng
- General Public: Should monitor prices closely and compare across stations
💼 Travo.ng’s Role in a Deregulated Market
Travo.ng supports logistics and transport businesses by:
- Providing access to cost-effective delivery partners
- Offering real-time route optimization to save fuel
- Supporting fuel management integration across fleets
✅ Conclusion
The new fuel price in Nigeria as of July 2025 averages ₦885 to ₦890 per litre, with regional variances based on location and supply dynamics. Staying updated and using tools like Travo.ng can help mitigate fuel-related cost pressures in a deregulated economy.
