In a significant move offering relief to consumers, the Nigerian National Petroleum Company Limited (NNPCL) has announced a fresh reduction in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, across its retail outlets nationwide. The adjustment, effective from Thursday, December 5, 2025, sees prices lowered by at least N20 per litre in key cities including the federal capital and the commercial nerve centre.
Snapshot of New Nationwide Pump Prices
Checks by Legit.ng confirm that the latest revision has brought down the cost of petrol in Lagos from N910 to N890 per litre. In Abuja, motorists will now pay N920 per litre, down from the previous N940. The new pricing structure shows a varied landscape across the federation, with rates now ranging between N895 and N965 per litre.
A state-by-state review of the NNPC's latest rates reveals the following prices for motorists:
- Abuja: N920
- Lagos: N890
- Abia: N912
- Adamawa: N940
- Akwa Ibom: N910
- Anambra: N905
- Bauchi: N915
- Bayelsa: N900
- Benue: N935
- Borno: N945
- Cross River: N910
- Delta: N900
- Ebonyi: N928
- Edo: N910
- Enugu: N912
- Gombe: N965 (Highest)
- Imo: N928
- Kaduna: N935
- Kano: N935
- Kwara: N905
- Nassarawa: N935
- Niger: N955
- Ogun: N905
- Ondo: N905
- Osun: N895
- Oyo: N905
- Plateau: N900
- Rivers: N895
- Sokoto: N935
- Taraba: N950
- Yobe: N950
- Zamfara: N945
Major retail outlets including Ardova, MRS, and First Royal have aligned with the NNPC, now dispensing petrol at N890 per litre in Lagos.
Depots Adjust Wholesale Rates Following Fresh Cargo Arrivals
The downward review at the pumps is mirrored at the wholesale level, driven by the arrival of new PMS cargoes into the country. In Lagos, vessels such as ST Nenne, Sea Raptor, and Puffin Pacific have boosted fuel stock levels, prompting immediate price adjustments at major depots.
Industry data indicates that to stay competitive with the Dangote Refinery's new ex-depot price of N839 per litre, key Lagos depots including Wosbab, Chipet, Integrated, and Bovas are now selling petrol at N836 per litre. Aiteo is offering a slightly lower rate of N835 per litre.
The trend extends beyond Lagos. In Port Harcourt, wholesale rates have been revised at depots like Masters, Liquid Bulk, and Bulk Strategic, now selling at N853 per litre. In Warri, fresh supplies from vessels including African Coral and Errina led to widespread reductions, with Danmarna and Optima selling at N848, Prudent at N847, and Nepal and Matrix at N846 per litre. Similarly, in Calabar, prices have been reduced at Matrix (N848), Soroman (N846), and Alkanes (N849).
Diesel Prices Also Record a Decline
In a related development providing further relief to the transport and manufacturing sectors, the price of Automotive Gas Oil (AGO), or diesel, has also crashed. This follows a move by the Dangote Refinery to reduce its gantry rate from N950 to N910 per litre, representing a 4.21% decline. This adjustment, confirmed by a proforma invoice from Petroleumprice.ng, takes effect immediately and is linked to a recent softening in international crude oil prices.
The dual reduction in petrol and diesel costs comes at a critical time for Nigerian households, transport operators, manufacturers, and small businesses who have been grappling with high energy costs. The latest price movements signal a dynamic period in Nigeria's downstream petroleum sector, influenced by both local refinery output and global market trends.
