NNPCL, more Nigerian filling stations reduce fuel price significantly

Author: dailypost.ngPublished on: June 3, 2026Country: Nigeria

Business & Economy

NNPCL, more Nigerian filling stations reduce fuel price significantly

The Nigerian National Petroleum Company Limited (NNPCL) and other filling stations significantly reduced the price of premium motor spirit on Wednesday, June 3, 2026. This reduction follows a 463% increase in fuel price under President Tinubu's tenure. The naira continues to appreciate against the dollar in the official foreign exchange market. Investors recorded a massive loss of N2.29 trillion on the Nigerian Exchange Group (NGX) in two days.

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