{"id":70701,"date":"2025-07-15T20:32:30","date_gmt":"2025-07-15T20:32:30","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=70701"},"modified":"2025-07-15T20:32:30","modified_gmt":"2025-07-15T20:32:30","slug":"fuel-prices-drop-as-nnpcl-mrs-others-cut-pump-rates-in-abuja","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/07\/15\/fuel-prices-drop-as-nnpcl-mrs-others-cut-pump-rates-in-abuja\/","title":{"rendered":"Fuel Prices Drop as NNPCL, MRS, Others Cut Pump Rates in Abuja"},"content":{"rendered":"<p><strong>By Adenike Lawal<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Fuel consumers in Abuja enjoyed some relief on Tuesday as several filling stations, including those operated by the Nigerian National Petroleum Company Limited NNPCL, adjusted their pump prices downward.<\/p>\n<p>A market survey across locations such as Kubwa Expressway, Wuse Zone 4, and Wuse Zone 6 showed that NNPCL retail outlets reduced the price of Premium Motor Spirit PMS from \u20a6910 to \u20a6895 per litre.<\/p>\n<p>The \u20a615 drop marks a significant move by the state-run oil firm amid growing calls for lower fuel prices.<\/p>\n<p>MRS filling stations, affiliated with the Dangote Refinery, went further by cutting their pump price by \u20a625 from \u20a6910 to \u20a6885 per litre-intensifying the shift in the capital\u2019s fuel market dynamics.<\/p>\n<p>Other independent marketers also made adjustments. Empire Energy and Ranoil reduced their prices to \u20a6915 and \u20a6910 per litre respectively, down from \u20a6935 and \u20a6920.<\/p>\n<p>The reductions come shortly after reports emerged that petroleum marketers were planning a coordinated price cut across the Federal Capital Territory.<\/p>\n<p>Marketers reportedly agreed to peg petrol prices between \u20a6900 and \u20a6920 per litre, citing supply adjustments and cost changes at the depot level.<\/p>\n<p>The trend is being driven in part by two ex-depot price reductions announced by Dangote Refinery in July, which appear to be influencing retail pump prices positively.<\/p>\n<p>While the latest cuts offer consumers short-term relief, analysts say long-term price stability in the downstream sector will depend on broader reforms and consistent fuel supply.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Adenike Lawal &nbsp; Fuel consumers in Abuja enjoyed some relief on Tuesday as several filling stations, including those operated by the Nigerian National Petroleum Company Limited NNPCL, adjusted their pump prices downward. A market survey across locations such as Kubwa Expressway, Wuse Zone 4, and Wuse Zone 6 showed that NNPCL retail outlets reduced [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":70702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177,173,172],"tags":[],"class_list":["post-70701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-abuja-reports","category-business","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/70701","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\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=70701"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/70701\/revisions"}],"predecessor-version":[{"id":70703,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/70701\/revisions\/70703"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/70702"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=70701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=70701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=70701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}