Nigerian Filling Stations Cut Petrol Price to N1,350/Litre

NIPCO, Eterna and Mobil filling stations in Abuja reduced petrol price to N1,350 per litre, IPMAN confirms.

Nigerian Filling Stations Cut Petrol Price to N1,350/Litre

Image: dailypost.ng

Nigerian filling stations have reduced petrol prices to attract patronage, according to a market survey by DAILY POST on Thursday, May 7, 2026. NIPCO, Eterna and Mobil filling stations in Abuja dropped their petrol price to N1,350 per litre, down from previous rates.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) reacted to the development, stating that the price reduction reflects market dynamics and competition among marketers. IPMAN officials noted that the move aims to boost sales amid lower demand.

Other filling stations in the Federal Capital Territory are expected to adjust prices in response to the reduction. The price cut comes as Nigeria continues to grapple with fuel subsidy reforms and fluctuating global oil prices.

❓ Frequently Asked Questions

What is the new petrol price at NIPCO, Eterna and Mobil stations in Abuja?

The new petrol price is N1,350 per litre, as of May 7, 2026.

Why did the filling stations reduce petrol prices?

The reduction is to attract patronage amid lower demand and market competition, according to IPMAN.

What is IPMAN's reaction to the price cut?

IPMAN stated that the price reduction reflects market dynamics and competition among marketers.

📰 Source:
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