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Reading: BREAKING: Marketers Announce New Petrol Prices Nationwide; State-by-State Costs Emerge
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Again Petrol Landing Cost Drops –Nigerian Marketers Speak On New Price, As Drop In Petrol Prices Expected
Business

BREAKING: Marketers Announce New Petrol Prices Nationwide; State-by-State Costs Emerge

May 18, 2026 10:14 pm
The Capital
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Nigerians across the country are grappling with rising fuel costs following a fresh adjustment in petrol pump prices by the Nigerian National Petroleum Company Limited and other oil marketers.

A survey conducted by the News Agency of Nigeria (NAN) showed that average petrol prices increased from about N1,250 per litre to over N1,300 at many filling stations, while some outlets sold as high as N1,440 per litre.

In its latest adjustment, NNPC retail outlets raised petrol prices in Lagos from N1,230 to N1,320 per litre.

In Abuja, the product sold for N1,364 per litre, while northern states such as Yobe, Borno and Adamawa recorded some of the highest prices nationwide.

State-by-state

NNPC data showed that Yobe recorded the highest petrol price at N1,395 per litre, followed by Borno at N1,390 and Adamawa at N1,385. Conversely, Lagos, Ogun and Oyo recorded some of the lowest pump prices at N1,320 per litre. Osun sold at N1,325, while Ondo recorded N1,330 per litre.

Other states’ NNPC prices include:

Akwa Ibom: N1,345

Bauchi: N1,375

Bayelsa: N1,340

Cross River: N1,335

Delta: N1,340

Edo: N1,345

Gombe: N1,375

Imo: N1,369

Kaduna: N1,365

Kano: N1,370

Katsina: N1,377

Kebbi: N1,365

Kogi: N1,360

Nasarawa: N1,370

Plateau: N1,375

Rivers: N1,340

Sokoto: N1,378

Taraba: N1,372

Zamfara: N1,370

Also, Ardova, MRS, First Royal and other marketers are selling petrol at N1,310 to N1,340 depending on location in Lagos.

Nigerians React 

A commercial driver in Lagos, Adeyemi Olufemi, said the increase has affected transport operators and commuters. He disclosed that his daily fuel expenses had jumped from about N11,000 to nearly N23,000.

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He said: “The increase has made business difficult because many people now prefer walking or staying at home.”

In Festac Town, a fashion designer, Oluwaseun Alamu, said he had become increasingly dependent on petrol-powered generators to sustain his business due to unreliable electricity supply. “Things are very difficult now. paying for necessities is expensive, and I have had to reduce my living expenses drastically.”

Similarly, a businesswoman in Surulere, Bilikis Oladeji, said she now spends at least N50,000 weekly on fuel to support her business activities.

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