NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja - Politics

NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja (5934 Views)

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NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by ogododo(op): 10:44am On Jan 28

The Nigerian National Petroleum Company (NNPC) Limited has increased petrol price to N835 per litre in Lagos, and N839 per litre in Abuja.

On Wednesday, TheCable observed that the national oil company made the price adjustment across retail outlets in both cities.

NNPC increased the price of the product by N50 from N785 per litre in Lagos and by N20 from N815 in Abuja.

The development comes a day after the Dangote refinery increased the ex-gantry price of its petrol to N799 per litre.

The refinery said MRS retail outlets will now sell the product at N839 per litre — up from N739 per litre.

On January 28, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said with sustained competition, the prices of petrol, diesel, and liquefied petroleum gas (LPG) will keep decreasing across the country.

Saidu Mohammed, the NMDPRA’s chief executive officer (CEO), said Nigerians are steadily moving toward more affordable energy, as improved supply continues to support price stability.

“Sustained competition, rather than subsidies, will guarantee adequate supply of petrol and gas at affordable prices for Nigerians,” he said.

Mohammed explained that the removal of the petrol subsidy has enabled market forces to operate effectively, enhancing efficiency throughout the downstream sector.

https://www.thecable.ng/breaking-nnpc-increases-petrol-price-to-n835-litre-in-lagos-n839-litre-in-abuja/

1 Like

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by Dotherightthing: 10:58am On Jan 28

I bought NGN840 this morning

33 Likes

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by Day169: 11:04am On Jan 28

Yuletide is over, no more happy new year. We're back to the reality of yoyo and pendulum pricing of petrol. undecided

Btw, will the price of diesel also follow the trend?

7 Likes

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by iwaeda: 11:19am On Jan 28

I mentioned this yesterday in another thread. They only did Christmas and New year for you. Someone in APC told you it will be coming down. grin

26 Likes

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by ogododo(op): 2:09pm On Jan 28

Nawa Nlfpmod, fuel don cross N800 again be that.

2 Likes

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by usecondom(m): 2:25pm On Jan 28

I bought 735 this morning, Bovas, Ashi Ibadan.

6 Likes

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by KomonSense: 2:27pm On Jan 28

Reno Omokri - The Ambassador of Nowhere

It is finished

12 Likes 1 Share

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by PlasmaTV: 2:27pm On Jan 28

Na wa ooo

In 2026,an oil producing country is suffering for lack of petrol

APC will perish.

11 Likes 2 Shares

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by Femich18(m): 2:27pm On Jan 28

Nigeria my country.
Dangote increased price NNPC did same in less than 24hours.
If Dangote had reduced the price it will take eternity for others to do same

8 Likes 1 Share

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by KomonSense: 2:28pm On Jan 28

Reno Omokri - The Ambassador of Nowhere

These polithiefians are wicked oooo

2 Likes

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by Nobody: 2:30pm On Jan 28

Fuel nor suppose pass 40 naira for dis country

Nothing you wan tell me

3 Likes 1 Share

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by Gotocourt: 2:30pm On Jan 28

Omorr, I bought 825 this morning in Jos 🤷🏿. We move embarassed

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by tobenuel(m): 2:31pm On Jan 28

Nothing is subsidized in the country now and people are paying tax

what is the benefits of being a Nigerian in Nigeria?

7 Likes

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by hotseat: 2:31pm On Jan 28

The honeymoon is over!

Back to square one!

@hotseat

4 Likes

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by paperchasindude(m): 2:31pm On Jan 28

This guys just dey go up and down...nawa o

1 Like

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by PigTormentor: 2:32pm On Jan 28*

iwaeda:
I mentioned this yesterday in another thread. They only did Christmas and New year for you. Someone in APC told you it will be coming down.

Price of fuel is not supposed to be static. It goes up and down. That's what you have around the world.
It is dictated by many factors including cost of global oil and other factors.

27 Likes 2 Shares

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by Andrewkinggg: 2:33pm On Jan 28

No public outrage, no protest, no strike, no union action, NOTHING. Damn it! Good old times when NNPC and the government will release a well curated publicity before fuel pump price is increased. Good days are over in the country.

13 Likes 1 Share

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by Gotocourt: 2:33pm On Jan 28

Femich18:
Nigeria my country.
Dangote increased price NNPC did same in less than 24hours.
If Dangote had reduced the price it will take eternity for others to do same

You will need more money to buy product 🤷🏿. Dangote increased #100.
100*45000L (size of tanker) =#4,500,000 😥

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by bentenny(m): 2:33pm On Jan 28

But the overenthusiastic and incompetent FG and their ever loyal robotic data boys said the PMS prices will keep falling without any functioning refinery to justify such claims!

4 Likes

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by Gotocourt: 2:34pm On Jan 28

Andrewkinggg:
No public outrage, no protest, no strike, no union action, NOTHING. Damn it! Good old times when NNPC and the government will release a well curated publicity before fuel pump price is increased. Good days are over in the country.

It's now a full business entity, MRS will sell cheaper 🤷🏿.

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by lapintoz: 2:35pm On Jan 28

Dangote is now the price leader in the industry, whatever he does, others follows.......even Almighty nnpc.....

3 Likes

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by alfredo4u(m): 2:37pm On Jan 28

Enugu 800 today.... nawaooo

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by Elzazzi: 2:39pm On Jan 28

What’s MRS pump price now ? I think they also increased theirs few days ago!

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by happney65: 2:39pm On Jan 28

E ni shey ori re

Jesu ngbo

1 Like

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by samdaisi: 2:40pm On Jan 28

You have a good day 😊😘 hg g you have a wonderful day today I

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by samdaisi: 2:45pm On Jan 28

Even the transporters are extremely wicked if the price reduce to 300 per litre they will not still not reduce the price, I can only admonish Dangote to peg the price at 1k per litre

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by LordYon08: 2:47pm On Jan 28

Since he has gotten kano he can dance like a goat now

2 Likes

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by iwaeda: 2:47pm On Jan 28

PigTormentor:
Price of fuel is not supposed to be static. It goes up and down. That's why you have around the world.
It is dictated by many factors including cost of global oil and other factors.

I understand the dynamics of oil and gas more than you think, how much is a barrel today, going as high as N100 per litre is not good for the economy. grin

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by Houseofglam7(f): 2:50pm On Jan 28

Increase today, decrease tomorrow. They should be dizzy by now 🫤

1 Like

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by Mckraz01: 2:50pm On Jan 28

usecondom:
I bought 735 this morning, Bovas, Ashi Ibadan.

Liar
Even if you're buying directly from dangote

Re: NNPC Increases Petrol Price To N835/litre In Lagos, N839/litre In Abuja by bolaayenimo: 2:52pm On Jan 28

Tinubu is really working

1 2 Reply

Again, Dangote Refinery Increases Petrol Price • MRS To Sell At ₦839 Per Litre As Dangote Refinery Increases Petrol Price • NNPC Increases Fuel Price To ₦1,030 • 2 • 3 • 4

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