BUSINESS

NNPC Limited debunks Price Adjustment Rumours

NNPC Limited debunks Price Adjustment RumoursThe NNPC Limited wishes to clarify rumours suggesting a price adjustment for Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) at its retail stations nationwide.

The company asserts that these reports are false and urges Nigerians to disregard them entirely.

NNPC Ltd reaffirms its commitment to sustaining the current sufficiency in petroleum products supply across all its retail stations in the country.

BRANDPOWER reports that NNPCL was reacting to reports in several online portals (excluding BRANDPOWER) suggesting a downward pump prices adjustment for Premium Motor Spirit and Automotive Gas Oil as reported in some sections of the media.

 

Current Price of Petrol in Nigeria

According to the  Nigerian National Petroleum Company Limited (NNPCL), the official pump price of petrol (PMS) in Nigeria is N617 per litre.

This was after the federal government removed a subsidy on the commodity, which led to a significant increase in the price from N195 per litre.

However, due to logistics and other factors that vary by location, the actual price of petrol may differ across the country.

The table below shows the petrol prices in all 36 states and FCT in Nigeria as of March 27, 2024, as released by NNPCL.

State Price (N)
Abia 687.50 Per Litre
Abuja 632.12 Per Litre
Adamawa 671.40 Per Litre
Akwa Ibom 677.00 Per Litre
Anambra 680.00 Per Litre
Bauchi 650.00 Per Litre
Bayelsa 673.00 Per Litre
Benue 632.84 Per Litre
Borno 657.27 Per Litre
Cross River 663.33 Per Litre
Delta 665.63 Per Litre
Ebonyi 638.71 Per Litre
Edo 662.00 Per Litre
Ekiti 651.33 Per Litre
Enugu 673.87 Per Litre
Gombe 703.00 Per Litre
Imo 687.00 Per Litre
Jigawa 679.67 Per Litre
Kaduna 670.00 Per Litre
Kano 678.27 Per Litre
Katsina 680.40 Per Litre
Kebbi 796.67 Per Litre
Kogi 626.79 Per Litre
Kwara 614.90 Per Litre
Lagos 663.05 Per Litre
Nassarawa 629.32 Per Litre
Niger 624.04 Per Litre
Ogun 653.11 Per Litre
Ondo 653.02 Per Litre
Osun 658.77 Per Litre
Oyo 662.53 Per Litre
Plateau 670.00 Per Litre
Rivers 674.55 Per Litre
Sokoto 664.80 Per Litre
Taraba 704.11 Per Litre
Yobe 675.55 Per Litre
Zamfara 771.43 Per Litre

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