NNPC cuts petrol pump prices in Abuja, Lagos, Kaduna and Sokoto
By Aboki Forex —
The Nigerian National Petroleum Company Limited has reduced petrol pump prices at its retail outlets in Abuja, Lagos, Kaduna and Sokoto. The cuts range from N52 to N66 per litre, according to the company’s latest price sheet.
Lagos now has the lowest pump price among the four locations at N1,289 per litre, down from N1,350. Sokoto recorded the biggest reduction in naira terms, with the price falling N66 per litre.
City-by-city pump prices
In Abuja, the pump price dropped from N1,380 to N1,325 per litre, a reduction of N55. Lagos fell by N61 from N1,350 to N1,289 per litre. Kaduna motorists will now pay N1,329 per litre, down from N1,381, a cut of N52. Sokoto moved from N1,378 to N1,312 per litre, a reduction of N66.
Depot prices also fall
Wholesale depot prices of Premium Motor Spirit also moved lower at several terminals, according to a mid-day price report dated Friday, November 13, 2026. In Lagos, Dangote Refinery lowered its depot price from N1,190 to N1,175 per litre, the lowest reported depot rate in the city.
African Terminal and Ascon each cut their prices by N20 to N1,185 per litre. NIPCO made the largest single reduction in Lagos, dropping its price by N35 from N1,220 to N1,185 per litre. Aiteo, Integrated and Wosbab also trimmed their rates. Pinnacle raised its price slightly from N1,200 to N1,205 per litre, while Techno Oil held firm at N1,200.
Outside Lagos, Petroleumprice.ng data shows Masters in Port Harcourt cut its depot price from N1,248 to N1,225 per litre, while Matrix lowered its rate marginally from N1,250 to N1,248. In Calabar, Alkanes and Sobaz dropped their prices from N1,240 to N1,220 per litre.
Warri also recorded declines. Matrix reduced its price by N30 to N1,230, while A.Y.M Shafa and Parker kept their prices unchanged at N1,242 per litre.
Regulator says supply is adequate
The Nigerian Midstream and Downstream Petroleum Regulatory Authority had assured Nigerians that the country has sufficient petroleum products to meet domestic demand. The regulator urged consumers to avoid panic buying and hoarding ahead of the festive season. It said supplies of diesel, petrol and liquefied petroleum gas remain adequate.
The adjustments reflect ongoing price movements in Nigeria’s deregulated petroleum market, where depot and pump rates vary by location and marketer. Lower pump prices could ease transport and operating costs for businesses and consumers, though the benefit depends on how quickly marketers pass depot cuts to retail outlets.
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