Petrol Pump Prices Rise by Up to N39 per Litre as Marketers Reverse Week of Cuts

Petroleum marketers have raised petrol pump prices by as much as N39 per litre, ending a brief run of falling fuel costs and adding fresh pressure on Nigerian consumers. The adjustments have been linked to rising global crude oil prices amid the ongoing conflict in the Middle East.

Checks across the Federal Capital Territory showed MRS filling stations, which are backed by Dangote Petroleum Refinery, moved their pump price from N1,370 to N1,409 per litre. The new rate took effect at MRS outlets in Kubwa, Katampe, Gwarimpa and several other parts of the capital.

What Stations Are Charging Now

AA Rano and Ranoil raised their prices by N10 per litre, from N1,400 to N1,410. An NNPC Retail outlet in Azhata, Jikwoyi District adjusted its price from N1,380 to N1,405 per litre. AA Rano and AYM Shafa stations moved in the same direction, raising their rates from N1,380 to N1,409 per litre.

In Lagos, some filling stations in Ikorodu sold petrol at N1,360 per litre, while outlets in Coker, Orile and Second Rainbow retailed the product at N1,350 per litre. Independent marketers in the state charged between N1,360 and N1,400 per litre, depending on location.

NNPC Extends N66 Discount

While pump prices climbed at many outlets, NNPC Limited moved to provide some relief by extending its N66-per-litre discount until October 31, 2026. The scheme was introduced on October 1 to mark Nigeria's 66th Independence Anniversary.

It allows customers who pay digitally through the company's mobile application to buy petrol at N1,339 per litre at participating NNPC Retail stations, compared with the regular rate of N1,405.

NNPC said the discount was funded by forgoing its profit margin rather than drawing on public funds, and stressed that the move did not signal a return to petrol subsidies. It added that the initiative applied only to its retail outlets and did not set a national pump price or alter the market-based pricing framework for petroleum products.

The company said in a statement: "We recognise that higher petrol prices affect everyday life, from the cost of commuting to the expenses of running a business. We understand the strain on families and livelihoods, and this discount is intended to provide direct relief to customers during this difficult period."

NNPC also urged consumers to disregard suggestions that the discount amounted to a restoration of fuel subsidy. Marketers, however, are pushing for the scheme to cover more stations.

Diesel Also Climbs

The petrol increases follow a similar move in diesel. Dangote Petroleum Refinery raised its Automotive Gas Oil (AGO) gantry price from N1,700 to N1,800 per litre. The N100 increase represents a 5.88% rise in the refinery's diesel price and took effect. The revised rate was communicated to customers in a notice from the refinery's Group Commercial Operations.

For Nigerian businesses and households, the fresh petrol increase means transport and logistics costs will stay elevated, with the NNPC discount offering relief only to motorists who pay through its app at participating stations. The wider market remains exposed to crude oil price movements tied to the Middle East conflict.