…NNPCL stations located in Gwarimpa, Kubwa Expressway, Wuse Zone 6, and Wuse Zone 4 in Abuja have already implemented the new pricing.
ABUJA, NIGERIA – The iNews Times The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of petrol at its retail outlets, cutting the rate from N955 to N900 per litre.
This adjustment comes barely 48 hours after many outlets nationwide implemented a price hike, pushing the cost of petrol up to N955 per litre earlier in the week.
As of Wednesday morning, NNPCL stations located in Gwarimpa, Kubwa Expressway, Wuse Zone 6, and Wuse Zone 4 in Abuja have already implemented the new pricing, offering motorists some relief.
The price slash of N55 per litre marks a significant reversal of Monday’s increase and has sparked reactions from residents and commuters, many of whom had just adjusted to the higher cost of fuel.
The reason behind the sudden price drop is yet to be officially confirmed by NNPCL, but the development comes amid growing concerns over fuel affordability and supply stability across the country.
More details are expected to follow as the situation develops.
