NNPC cuts petrol price to ₦1,325 in Abuja and ₦1,355 in Lagos

Motorists in Abuja and Lagos are paying a little less for petrol after the Nigerian National Petroleum Company (NNPC) cut prices at its filling stations.
The new prices
Checks on Wednesday, 4 November 2026, reportedly showed that NNPC stations in Abuja were selling petrol at ₦1,325 per litre, down from between ₦1,370 and ₦1,405, a reduction of ₦45 to ₦80 per litre. Stations along the Kubwa Expressway and in Gwarinpa were among those already selling at the new price. In Lagos, NNPC stations cut their price by ₦5 to ₦1,355 per litre.
Why prices fell
The cuts followed a pricing review by the Dangote refinery and competition among depots, some of which have been selling below Dangote's ₦1,300 per litre gantry price. Depot prices across Lagos, Port Harcourt, Calabar and Warri showed mixed movements.
Background
Petrol prices have been set by the market since the subsidy was removed in 2023, and the Dangote refinery now plays a leading role in local supply. Prices remain far higher than before the subsidy removal, and fuel costs are a major factor in transport and food prices. Global oil prices have also been affected this week by tension between the United States and Iran.
What it means
Analysts say other marketers may follow NNPC's lead, but warn that prices could rise again if crude prices or the exchange rate move.
- Abuja price falls to ₦1,325 per litre.
- Lagos price falls by ₦5 to ₦1,355.
- The cut follows a Dangote pricing review.


