₦airaland Forum

The Nigerian National Petroleum Company (NNPC) Limited has reduced petrol price at its retail outlets to N875 per litre in Lagos and N900 in Abuja.

The development comes just two days after the national oil company increased the product’s price to N915 per litre in Lagos and N955 per litre in Abuja.

On Wednesday, TheCable observed that the NNPC retail outlets reduced petrol price by N40 per litre in both cities.

In Lagos, the price dropped to N875 per litre at the company’s Fadeyi branch on Western Avenue.

At a retail outlet located at the Federal Housing Authority (FHA) in Kubwa, Abuja, petrol was sold for N900 per litre.

However, Dangote refinery partners — Mobil and AP — maintained their pump prices at N915 per litre.

On July 31, the National Bureau of Statistics (NBS) reported that the average retail price of a litre of petrol increased by 38.32 percent to N1,037.66 in June 2025 — up from N750.17 in June 2024.

The report said residents of Jigawa, Ondo, and Lagos paid the highest average retail prices for the product in June.

In contrast, Yobe, Kogi, and Imo states recorded the lowest average prices at N950.60, N986.67, and N987.86, respectively, according to the bureau.

NNPC Slashes Petrol Price To N875/litre In Lagos, N900/litre In Abuja

seunoyeleyep:
Slashes seems to have assumed another meaning entirely in this corntree

Queseda:
Dis suppose no cause fight haba, you can continue buying your own at the old price

DiamondsAreFore:
https://www.thecable.ng/nnpc-slashes-petrol-price-to-n875-litre-in-lagos-n900-litre-in-abuja/

Queseda:
Dis suppose no cause fight haba, you can continue buying your own at the old price

Apcshit:
Dangote na thief ,he has monopolized everything yet he can't slash

Deltafirstson:
Although the pump price of fuel was N197 when President Bola Tinubu took over on May 29, 2023, the product now sells for N617 per litre – less than two months after.

In his inaugural address, Tinubu announced that subsidy was gone, fulfilling a promise that all leading presidential candidates made during the campaign.

However, pump price of fuel hit N537 per litre days after Tinubu ended subsidy.

On Tuesday, the price climbed further to N617, a development that the Nigerian National Petroleum Corporation Limited (NNPCL) attributed to “market forces”.

Nigerians have been lamenting the hardship occasioned by fuel price hike. Amid the lamentation, a video where Tinubu campaigned to slash the price of fuel went into circulation.

Checks by Daily Trust affirmed the authenticity of the video uploaded on the YouTube page of Channels Television.

At his campaign rally in Abeokuta, Ogun State capital, on January 25, 2023, Tinubu spoke on a number of issues, but those of fuel scarcity and naira redesign made the headlines.

However, Tinubu who spoke in Yoruba language, also assured the crowd that though people were saying petrol price would hit N200, it would be reviewed downward under him.

“The great Nigerian youths, the great Nigerian students, the confident Nigerian youths. This is a revolution. This election is a revolution. They are plotting, but they will fail. They said fuel price will increase and reach N200 per litre. Go and relax, we will bring it down,” he had said in the 7th minute of the video.

King Wasiu Ayinde Marshall, a Fuji musician who performed at the rally, interrupted the president’s speech with chants as the crowd cheered.

On the campaign podium with the president were Vice-President Kashim Shettima; Pa Bisi Akande, interim National Chairman of the APC; Femi Gbajabiamila, Chief of Staff to the President; Senator Gbenga Daniel; among other bigwigs of the ruling party.

Tinubu went further to say Nigerians would defy the acute fuel scarcity at the time and trek to cast their votes.

“The great Nigerian youths, the great Nigerian students, the confident Nigerian youths. This is a revolution. This election is a revolution. They are plotting, but they will fail. They said fuel price will increase and reach N200/N500 per litre. Go and relax, we will crash the prices,” he had said.

https://dailytrust.com/breaking-video-of-tinubu-campaigning-to-crash-fuel-

he had said in the 7th minute of the video.



https://www.youtube.com/watch?v=4JH8CC_JdUA

seunoyeleyep:
'Slashes' seems to have assumed another meaning entirely in this corntree