The Nigerian National Petroleum Company Ltd. (NNPCL) and several independent marketers have reduced the pump price of Premium Motor Spirit (PMS) across filling stations in the Federal Capital Territory.

According to our survey Abuja on Wednesday showed that NNPCL retail stations now dispense petrol at ₦915 per litre, down from ₦920, representing a ₦5 reduction.

Independent marketers such as BOVAS and MRS were also seen adjusting their prices, with some outlets selling at ₦910 per litre, compared to previous rates of up to ₦945 per litre.

Other filling stations monitored — including AYM Shafa, NIPCO, Optima, Mobil, Ranoil and Empire — sold petrol at prices ranging from ₦920 to ₦937 per litre, depending on outlet location and depot supply.

The latest retail adjustments follow a decline in ex-depot prices from major depots and refineries. As of Wednesday, ex-depot petrol prices were listed as follows:

₦824.50 per litre at Dangote Refinery

₦823 per litre at Eterna and Aiteo depots

₦822 per litre at BOVAS depot

According to reports the revised pump price by NNPCL comes after two consecutive reductions within two weeks, bringing the price down to ₦945 per litre, from ₦975 per litre.

The President of Dangote Group, Alhaji Aliko Dangote, had last week assured Nigerians of uninterrupted petrol supply during the festive season, saying the era of nationwide fuel queues was over.