My people, make una gather here, matter don land wey concern petrol price for our obodo Naija! E be like say NNPC don carry come new price wey dem drop from N835 to N815 per litre. Na wetin wahala dey cause for Abuja now. This one na the second time wey NNPC go don slash price within one week o!
For Abuja, as we dey yarn, people dey rush enter NNPC stations to fill dem tank for the new price. Place like Wuse Zones 4 and 6 don confirm the new price drop wey take effect on Sunday evening. People wey sabi talk say, na N20 dem don reduce. But make I tell you true, even with this reduction, NNPCL still dey carry N79 higher than MRS wey dey sell for N739 per litre. Chai, competition dey sweet for this petrol market!
Wetin dey happen be say, few days back, some private depot owners don increase dem own ex-depot price. Plus, na Dangote Refinery don also reduce dem own price to N699 per litre, wey quick spark this whole price war matter. Obele, wey be NNPC PRO, don dey warn say prices fit rise again anytime soon. This one na because of Dangote Refinery wey dey plan turn am for maintenance. But, rumor dey say they still dey pump fuel, so who sabi how e go be?
For NNPC side, the gist no bad at all. Dem report say for November 2025, NNPC don rake in N502 billion as profit after tax! Na wah! Even with crude oil production wey no too dey show, dem still manage carry that kind amount come. Gas production don help dem hold ground, as dem dey average 1.36 million barrels per day, slight recovery from last month wey show say oil production dey get chance.
NNPCL don show say dem ready to compete well as dem don chop many revenue as N4.36 trillion for November alone. This one come from gas sales and stable pipeline availability wey dem don sort out. Despite all this price argument, e dey clear say NNPC dey move towards better operational strength even if oil production dey waka small.
And make I talk am clear, as petrol price dey waka up and down like market wahala, Nigerians go still dey keep eyes on the price matter. We go dey wait to see wetin go happen next for this price market, as we sure say more adjustments dey come. So, make una gather your money and get ready, because petrol price saga never finish!
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