As of mid-July, NNPC Limited has reduced its pump price for Premium Motor Spirit (PMS) at retail stations across Nigeria:

These cuts reflect competitive adjustments in response to similar reductions by Dangote Refinery and independent marketers.


📉 Price Trend and Context


🌍 State-by-State Pricing Snapshot

A selection of recent NNPC pump prices by zone:

RegionNNPC Pump Price (₦/litre)
Lagos865
Abuja (FCT)895
South-West~875
South-East/South-South~895
North-West/Central~885
North-East~895

This reflects harmonization with depot-level pricing and state-specific logistics costs Wikipedia+15Legit.ng – Nigeria news.+15Okay.ng+15Wikipedia+1Nairametrics+1NigPricesWikipedia.


💡 Why Are NNPC Prices Changing?

  1. Increasing global oil prices and deteriorating exchange rates impacted supply costs.
  2. Removal of fuel subsidy, moving the market to a fully deregulated pricing model.
  3. Pressure from Dangote Refinery and independent depot marketers prompted price alignment.
  4. Regulatory oversight by NMDPRA and national pricing forums highlighted the need for price transparency Okay.ngWikipedia+9Nairametrics+9Vanguard News+9The Guardian Nigeria+1Nigerian News Today+1.

🚗 Implications for Consumers & Businesses

  • Lower pump prices help ease inflationary pressures on transport costs.
  • Logistics firms and haulage operators can recalculate operational budgets based on current NNPC rates.
  • Consumers in high-density areas, such as Lagos and Abuja, may directly benefit from the reductions, especially amid rising living costs.

✅ Final Thoughts

  • As of July 16–17, 2025, NNPC petrol prices stand at ₦865 in Lagos and ₦895 in Abuja, aligning with competitive retail pricing.
  • Continued volatility in global markets and domestic supply could lead to further adjustments—upward or downward.
  • Staying informed and monitoring official updates from NNPC and market players ensures accurate planning for individuals and businesses alike.