Fuel Price Drop in Nigeria
Fuel Price Drop in Nigeria By Paschaline Chisom Petrol prices are finally dropping across Nigeria. Here's why it's happening, what it means for your pocket, and how to make the most of the savings. Introduction If you've filled up your tank recently and noticed you paid less than usual, you're not imagining things. Petrol prices have genuinely come down across several parts of Nigeria over the past couple of weeks, and for once, it's good news at the pump. As of mid-July 2026, NNPC retail outlets in cities like Lagos and Abuja are selling petrol for around ₦1,150 to ₦1,210 per litre, a solid drop from the ₦1,260 many Nigerians were paying just weeks back. Some states are seeing even lower prices, while others still lag behind. Here's a breakdown of why this is happening, who it affects, and how to make every naira stretch further. Why Are Fuel Prices Dropping in Nigeria Right Now? The short answer is falling global crude oil prices combined wi...