NNPC raises petrol pump prices to ₦835 in Lagos and ₦839 in Abuja
Abuja, Nigeria — January 28, 2026: The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦835 per litre in Lagos and ₦839 per litre in Abuja at its retail outlets. The adjustment took effect on Wednesday across several NNPCL filling stations in both cities.
The new pricing represents an upward revision of ₦50 in Lagos from the previous rate of ₦785 per litre, and ₦20 in Abuja from about ₦815 per litre, according to observations by news outlets.
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The increase follows a similar move by the Dangote Petroleum Refinery, which recently raised its ex-gantry price of petrol to ₦799 per litre. This adjustment has led retail outlets, including MRS stations, to sell petrol at around ₦839 per litre nationwide.
Officials from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said sustained competition — rather than subsidies — will be key to maintaining an adequate supply of fuel and helping stabilize prices. NMDPRA’s Chief Executive Officer, Saidu Mohammed, noted that the removal of the petrol subsidy has allowed market forces to play a greater role in pricing, enhancing efficiency in the downstream sector.
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Analysts say the latest price adjustment is likely to affect transportation costs and contribute to higher logistics expenses, potentially putting upward pressure on the cost of goods and services in major urban centres.
Motorists and transport operators in Lagos and Abuja have reacted with concern, highlighting the impact rising fuel costs may have on household budgets and daily commutes.
This development comes amid broader shifts in Nigeria’s fuel market since the removal of subsidies and increased participation by private refiners in the supply chain.
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