Several Nigerian National Petroleum Company Limited (NNPC) filling stations have reduced petrol prices following fresh cuts in depot rates across the country.

Checks at some outlets in Lagos showed that petrol now sells between N1,300 and N1,315 per litre, lower than the previous average price of about N1,320.

The reductions followed price adjustments by depots in Lagos, Warri and Calabar, where marketers lowered rates after improved fuel supply and weaker demand.

In Lagos, major depots reduced prices to around N1,277 per litre, while marketers in Warri and Calabar also recorded declines.

Industry data showed that Rain Oil in Warri reduced its price to N1,290 per litre, while Nepal and Optima dropped prices to N1,285. In Calabar, several depots adjusted prices to about N1,290 per litre.

Despite the reductions, Calabar still recorded some of the highest petrol prices in the country during the review period.

The latest changes come as Dangote Petroleum Refinery continues its legal battle against fuel import licences issued to NNPC and some marketers, arguing that local refining capacity is now sufficient to meet Nigeria’s fuel demand.