The Nigerian National Petroleum Company Limited (NNPCL) has reduced the retail price of petrol at some of its filling stations in Abuja, with pump prices falling by N25 per litre at selected outlets.

Checks across the Federal Capital Territory showed that NNPCL stations in areas including Gwarimpa and Kubwa were selling petrol at N1,405 per litre, down from the previous price of N1,430.

However, the reduction is not uniform across the capital. Some NNPCL outlets, including stations around the Kubwa Expressway, Air Junction and Wuse Zones 4 and 5, were still dispensing petrol at N1,395 per litre.

The varying prices mean motorists in different parts of Abuja are currently paying different pump prices at NNPCL stations, with a difference of N10 per litre between the two prevailing prices.

Other major marketers have also maintained different pump prices across the city. MRS, Ranoil, AA Rano, Empire Energy and other independent stations were selling petrol within a range of N1,395 to N1,430 per litre.

The latest NNPCL adjustment comes days after the Dangote Refinery reduced its petrol gantry price by N25 to N1,325 per litre. The refinery’s price cut has increased attention on retail petrol prices as marketers review their costs and margins.

Despite the lower prices at some outlets, many filling stations have yet to reflect the recent reduction in their pump prices.

The development comes as international crude oil prices remain elevated, with West Texas Intermediate trading around $92 per barrel and Brent crude around $104 per barrel.

For consumers, changes in petrol prices remain significant because fuel costs affect transportation, logistics and the operating expenses of businesses across Nigeria. Further reductions in wholesale or retail prices could therefore have wider implications for household spending and business costs.