Several filling stations in Abuja have slashed the pump price of petrol following a further drop in the landing cost of Premium Motor Spirit below Dangote Refinery’s ex-depot rate.
Across the city, stations operated by NIPCO, AA Rano, Eterna, and Empire Energy have adjusted their pump prices between ₦4 and ₦10 per litre. NIPCO and AA Rano now sell at ₦940 per litre, down from about ₦950 to ₦955, while Eterna and Empire Energy outlets reduced their rates to ₦945 and ₦955 per litre, respectively.
The price cut follows a similar move by NNPC Retail, which recently lowered its price to ₦945 from ₦955 per litre. However, some stations such as MRS (Dangote Petrol) and Ranoil have maintained current prices of ₦950 and ₦955 per litre. An MRS station manager in Abuja said price reviews could happen later, depending on market trends.
Data released by the Major Energy Marketers Association of Nigeria on November 3, 2025, showed that the landing cost of petrol dropped to ₦827.04 per litre, compared to ₦829.77 recorded at the end of October.
Current ex-depot prices show Dangote Refinery at ₦872 per litre, slightly higher than NIPCO, BOVAS, Aiteo, and AA Rano, which all stand at ₦870. This makes Dangote’s petrol about ₦2 more expensive per litre than other major depot operators. The new landing cost is also ₦44.96 cheaper than Dangote’s ex-depot rate.
The price adjustments come just days after President Bola Ahmed Tinubu approved a 15 per cent import duty on petrol and diesel imports, a policy aimed at encouraging local refining and supporting Dangote Refinery’s operations.
For small business owners and transport operators, the gradual decline in pump prices could provide slight relief from rising operating costs, especially as fuel remains a key driver of logistics and production expenses across sectors.
