NNPCL Raises Petrol Price To ₦905 Per Litre Amid Ongoing Fuel Supply Disruptions

The Nigerian National Petroleum Company Limited (NNPCL) has again adjusted the price of Premium Motor Spirit (PMS), popularly known as petrol, increasing it from ₦890 to ₦905 per litre at its retail outlets in Abuja.

According to reports, the new price took effect at NNPCL stations located in Wuse Zone 4 and Zone 6, marking a ₦15 increase — about a 1.7 percent rise. The hike has reignited public frustration over Nigeria’s worsening cost of living and the government’s handling of the energy sector.

Abubakar Maigandi, President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), attributed the price adjustment to disruptions in fuel distribution caused by an ongoing dispute between the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Dangote Refinery.

Speaking to DAILY POST, Maigandi clarified that while NNPCL outlets now sell at ₦905 per litre, independent marketers still retail between ₦885 and ₦895 per litre. “It is due to PENGASSAN’s strike disruption. However, our members are selling between ₦885 and ₦895,” he explained.

The situation stems from a two-day industrial strike action by PENGASSAN following disagreements with the management of Dangote Refinery over the alleged mass sacking of Nigerian workers. The strike disrupted product supply across several depots, leading to fuel scarcity and panic buying in major cities.

Although the federal government intervened to suspend the strike temporarily, its ripple effects on fuel availability and pricing continue to linger. Analysts warn that the current increase could further heighten inflation, transportation costs, and the overall economic strain faced by ordinary Nigerians.

The latest hike has drawn widespread criticism from citizens who accuse the government of insensitivity to the country’s economic realities. Social media reactions reflect deep anger and fatigue. One user lamented, “Tinubu should kuku kill everybody in this country. What kind of wicked and heartless president is this?” Another added, “Every time they need money, they raise fuel prices. This country is just cruise.”

Others expressed frustration that despite Nigeria being a major crude oil producer, its citizens continue to pay heavily for refined products. “We are struggling to buy fuel in a country that exports oil. What a shame,” a commenter wrote.

Some Nigerians also pointed out the irony that the public now seems to react more strongly to price changes at the privately owned Dangote Refinery than to those at NNPCL stations. “Gradually, NNPC is becoming irrelevant. Nigerians only panic when Dangote adjusts prices,” one observer noted.

The recent hike marks another chapter in the ongoing fuel price crisis that began after President Bola Tinubu announced the removal of fuel subsidy in 2023. Since then, fuel prices have risen by over 300 percent nationwide, triggering spikes in transportation fares, food prices, and electricity tariffs.

While the government continues to promise economic reforms and energy sector stability, Nigerians are increasingly skeptical. As one frustrated resident put it, “They build industries with subsidized dollars but can’t subsidize the products. Everything keeps going up — food, rent, power — and yet they call it reform.”