The Nigerian National Petroleum Company Limited (NNPC Ltd) has recently announced new petrol pump prices, leading to significant reactions from oil marketers and consumers alike. Here’s a detailed look at the current petrol prices across all 36 states and the Federal Capital Territory (FCT).
Current Petrol Prices Across Nigeria: A State-by-State Breakdown
Here are the current petrol prices across Nigeria as announced by the Nigerian National Petroleum Company Limited (NNPC Ltd):
Abia State: ₦960.22 per litre
Adamawa State: ₦1,019.22 per litre
Akwa Ibom State: ₦980.22 per litre
Anambra State: ₦960.22 per litre
Bauchi State: ₦1,019.22 per litre
Bayelsa State: ₦980.22 per litre
Benue State: ₦999.22 per litre
Borno State: ₦1,019.22 per litre
Cross River State: ₦980.22 per litre
Delta State: ₦960.22 per litre
Ebonyi State: ₦960.22 per litre
Edo State: ₦960.22 per litre
Ekiti State: ₦950.22 per litre
Enugu State: ₦960.22 per litre
Gombe State: ₦1,019.22 per litre
Imo State: ₦960.22 per litre
Jigawa State: ₦999.22 per litre
Kaduna State: ₦999.22 per litre
Kano State: ₦999.22 per litre
Katsina State: ₦999.22 per litre
Kebbi State: ₦999.22 per litre
Kogi State: ₦960.22 per litre
Kwara State: ₦960.22 per litre
Lagos State: ₦950.22 per litre
Nasarawa State: ₦999.22 per litre
Niger State: ₦999.22 per litre
Ogun State: ₦950.22 per litre
Ondo State: ₦950.22 per litre
Osun State: ₦950.22 per litre
Oyo State: ₦960.22 per litre
Plateau State: ₦999.22 per litre
Rivers State: ₦980.22 per litre
Sokoto State: ₦999.22 per litre
Taraba State: ₦1,019.22 per litre
Yobe State: ₦1,019.22 per litre
Zamfara State: ₦999.22 per litre
Federal Capital Territory (FCT): ₦992.22 per litre.
Reactions from Oil Marketers
The announcement has sparked a range of reactions from various oil marketing associations:
- Major Oil Marketers Association of Nigeria (MOMAN): MOMAN has expressed concerns that the high price of petrol sourced from the Dangote Refinery could lead to increased importation of Premium Motor Spirit (PMS). They predict price variations at filling stations, ranging from ₦950 to ₦1,200 per litre, depending on location.
- Independent Petroleum Marketers Association of Nigeria (IPMAN): IPMAN, representing a majority of petrol stations, has questioned the rationale behind higher prices for domestically produced fuel. National Welfare Officer John Kekeocha emphasized that the pricing strategy for locally refined petrol should benefit Nigerians by offering more affordable options.
- Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN): PETROAN President Billy Gillis-Harry described the petrol prices as “terrifying.” While acknowledging NNPC’s transparency in the price breakdown, he noted that the national oil company did not disclose its profit margin from Dangote’s selling price.
The new petrol prices reflect the complexities and challenges facing Nigeria’s fuel market. As stakeholders navigate the implications of the new pricing strategy, consumers are left to cope with the varying costs across different states. The reactions from MOMAN, IPMAN, and PETROAN highlight the ongoing debate about the best approach to ensure affordable and sustainable fuel pricing in Nigeria.
Stay tuned for more updates on this developing story. If you have any thoughts or experiences to share about the new petrol prices, feel free to leave a comment below.