The Nigerian National Petroleum Company Limited (NNPCL) has implemented a significant adjustment to petrol pump prices across its retail outlets nationwide, marking another increase that will see Nigerians paying more for Premium Motor Spirit (PMS). This latest pricing update comes as motorists across the country face mounting cost pressures in their daily transportation expenses.
Regional Price Variations Across States
The new petrol prices reveal sharp regional differences across Nigeria, with some states experiencing substantially higher rates than others. In Lagos, the commercial nerve center of the nation, petrol is now selling at N840 per litre, representing an increase from the previous N740 per litre. Meanwhile, in the federal capital territory of Abuja, residents are now paying N875 per litre, up from N815 per litre.
States with Lowest and Highest Prices
Checks indicate that Ondo State recorded the most favorable pump price at N745 per litre, offering some relief to motorists in that region. This was followed by Kwara State at N790 per litre and Ekiti State at N797 per litre. However, the situation remains considerably more challenging in several other states, with Kano topping the chart at N915 per litre, followed closely by Ebonyi at N908 per litre and Yobe at N895 per litre.
Geographical Price Patterns
A comprehensive review of NNPCL pump prices across the country reveals distinct geographical patterns in petrol pricing. Generally, prices tend to be higher in parts of the Northern region and South-East, while some South-West states have recorded relatively lower rates. States such as Adamawa, Gombe, Bauchi, and Bayelsa all recorded prices close to N890 per litre, while Rivers, Delta, Anambra, Edo, and Imo fell within the mid-range pricing band.
Complete State-by-State Breakdown
The latest pump prices for petrol at NNPC stations across various states include:
- Lagos: N840
- Abuja: N875
- Abia: N805
- Adamawa: N892
- Akwa Ibom: N805
- Anambra: N860
- Bauchi: N890
- Bayelsa: N890
- Borno: N860
- Cross River: N805
- Delta: N860
- Ebonyi: N908
- Edo: N860
- Ekiti: N797
- Enugu: N810
- Gombe: N892
- Imo: N862
- Kaduna: N825
- Kano: N915
- Katsina: N892
- Kwara: N790
- Nassarawa: N880
- Niger: N815
- Ogun: N845
- Ondo: N745
- Osun: N839
- Oyo: N839
- Plateau: N825
- Rivers: N855
- Sokoto: N885
- Taraba: N835
- Yobe: N895
- Zamfara: N830
Dangote Refinery Price Increase
The adjustment in NNPCL retail prices follows a significant move by the Dangote Petroleum Refinery & Petrochemicals, which has raised the gantry price of petrol to N799 per litre, up from N699 per litre. According to reports, this development means that MRS filling stations will now sell petrol at N839 per litre, compared with the N739 per litre charged in recent weeks.
Dangote's Distribution Strategy
Earlier announcements from Dangote Refinery indicated plans for free distribution of petroleum products to partner stations, with promises to help reduce prices for consumers. The refinery had committed to enabling marketers in Lagos, Ogun, Oyo, Ondo, Osun, Ekiti, Abuja, Kwara, Delta, Rivers, and Edo to sell petrol at lower prices through partnership arrangements. However, current checks show that Nigerians are now paying more for petrol at NNPC retail outlets compared to Dangote Refinery's partner stations.
Major customers of Dangote Refinery include prominent marketers such as Ardova, MRS, and First Royal, among others. This latest price adjustment represents another chapter in Nigeria's ongoing fuel pricing dynamics, with implications for transportation costs, business operations, and household budgets across the nation.
