The NNPC Limited wishes to clarify rumours suggesting a price adjustment for Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) at its retail stations nationwide.

The company asserts that these reports are false and urges Nigerians to disregard them entirely.

NNPC Ltd reaffirms its commitment to sustaining the current sufficiency in petroleum products supply across all its retail stations in the country.

BRANDPOWER reports that NNPCL was reacting to reports in several online portals (excluding BRANDPOWER) suggesting a downward pump prices adjustment for Premium Motor Spirit and Automotive Gas Oil as reported in some sections of the media.

Current Price of Petrol in Nigeria

According to the  Nigerian National Petroleum Company Limited (NNPCL), the official pump price of petrol (PMS) in Nigeria is N617 per litre.

This was after the federal government removed a subsidy on the commodity, which led to a significant increase in the price from N195 per litre.

However, due to logistics and other factors that vary by location, the actual price of petrol may differ across the country.

The table below shows the petrol prices in all 36 states and FCT in Nigeria as of March 27, 2024, as released by NNPCL.