{"id":58356,"date":"2024-12-23T15:50:43","date_gmt":"2024-12-23T15:50:43","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=58356"},"modified":"2024-12-23T15:50:43","modified_gmt":"2024-12-23T15:50:43","slug":"petrol-price-drops-to-n965-per-litre-in-abuja-amid-nnpc-adjustments","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2024\/12\/23\/petrol-price-drops-to-n965-per-litre-in-abuja-amid-nnpc-adjustments\/","title":{"rendered":"Petrol Price Drops to N965 Per Litre in Abuja Amid NNPC Adjustments"},"content":{"rendered":"<p><strong>By Gabriella Ogbu<\/strong><\/p>\n<p>The price of petrol has dropped to N965 per litre at Nigerian National Petroleum Company Limited (NNPCL), retail outlets in Abuja, marking a significant reduction from the previous N1,060 earlier this month.<\/p>\n<p>The new price, implemented on Monday, sparked long queues at major NNPC stations such as those in Wuse Zone 4 and the Central Area, as commuters rushed to benefit from the lower rates.<\/p>\n<p>\u201cI bought at N965 this morning, but the queue was too long, likely because other stations are selling at higher prices,\u201d a driver noted.<\/p>\n<p>While NNPC stations have adjusted their prices, independent and major marketers continue to sell petrol at rates ranging from N1,030 to N1,070 per litre.<\/p>\n<p>This development coincides with an announcement by the Independent Petroleum Marketers Association of Nigeria (IPMAN), that petrol prices will drop further to N935 per litre following a pricing agreement with Dangote Petroleum Refinery.<\/p>\n<p>IPMAN\u2019s National President, Maigandi Garima, stated that the refinery&#8217;s reduced ex-depot price will enable marketers to adopt the new rates while covering logistics costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Gabriella Ogbu The price of petrol has dropped to N965 per litre at Nigerian National Petroleum Company Limited (NNPCL), retail outlets in Abuja, marking a significant reduction from the previous N1,060 earlier this month. The new price, implemented on Monday, sparked long queues at major NNPC stations such as those in Wuse Zone 4 [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":58357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-58356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/58356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=58356"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/58356\/revisions"}],"predecessor-version":[{"id":58358,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/58356\/revisions\/58358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/58357"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=58356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=58356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=58356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}