The Nigerian National Petroleum Company (NNPC) Retail Limited has ignited excitement among its customers with the launch of a massive scratch and win promotion, offering a life-changing grand prize of N100 million. This initiative marks the second edition of the popular promo, providing consumers with a direct opportunity to win substantial cash rewards.
Promo Details and Participation Guidelines
The lucrative promotion officially commenced on December 20, 2025, and is scheduled to run until March 31, 2026. NNPC Retail Limited announced the exciting news via its official X (formerly Twitter) account on Monday, January 5, 2026.
To participate and stand a chance to win, customers are required to purchase any NNPC Oleum Lubricant product. The eligible sizes are one litre, four litres, or five litres. Oleum Lubricant is specifically designed for use in generators and automobiles.
To redeem potential rewards, participants must scratch the panel on their purchase to reveal a unique PIN. They then dial *6700*000*PIN# on their mobile phones to claim their prize. The company has structured the promo to award prizes weekly, keeping the engagement high throughout the campaign period.
Background of NNPC Retail and Market Context
NNPC Retail Limited operates as a key subsidiary of the national oil company, focusing on the marketing and sales of refined petroleum products. It manages a vast network of retail outlets across Nigeria, selling petrol, cooking gas, and Compressed Natural Gas (CNG).
This promotional launch coincides with a recent adjustment in fuel prices by the NNPC. The company reduced the pump price of petrol at its retail outlets in Abuja to N815 per litre, down from N835. However, prices in Lagos remain lower, ranging between N785 and N790 per litre at NNPC stations.
Downstream Market Dynamics and Challenges
The Nigerian downstream petroleum sector is currently experiencing significant fluctuations. The recent shutdown of the Dangote Refinery's main gasoline-producing unit for routine maintenance, expected to last until late January 2026, has introduced new pressures.
According to industry analysts like Joseph Obele, the National PRO of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), this development may lead to further price increases. Depot owners are anticipated to hike prices to recover losses incurred during a recent price war with the Dangote refinery.
PETROAN has highlighted that the earlier price competition created market uncertainty and squeezed profit margins for retail operators, resulting in billions of Naira in losses. In this challenging economic context, the NNPC Retail scratch and win promo serves as a strategic customer engagement tool to boost loyalty and sales of its Oleum Lubricant line amidst a volatile market.
