PRESS RELEASE: NNPC Discount Offers Relief, Does Not Restore Subsidy
PRESS RELEASE
NNPC Discount Offers Relief, Does Not Restore Subsidy
NNPC Limited reaffirms its commitment to supporting the Federal Governmentβs efforts to provide relief for Nigerians amid elevated global crude oil prices arising from the Middle East conflict and the resulting impact on domestic petrol prices.
We recognise that higher petrol prices affect everyday life, from the cost of commuting to the expenses of running a business. We understand the strain on families and livelihoods, and this discount is intended to provide direct relief to customers during this difficult period.
Following the statement by the Honourable Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on 8 October 2026, NNPC Limited reiterates its commitment to working with the government and stakeholders to cushion the impact of rising fuel prices on households, businesses and the wider economy.
Before the announcement, NNPC Limited had introduced a sales discount on 1 October 2026 to commemorate Nigeriaβs 66th Independence Anniversary. This will now continue until 31 October 2026 across NNPC Retail stations nationwide. This discount is a customer relief initiative and does not represent the reintroduction of petroleum subsidy.
This initiative supports the governmentβs responsible and proactive approach to providing practical relief to Nigerians during a period of heightened global market uncertainty. The initiative applies to NNPC Retail outlets and does not establish a uniform national pump price or alter the market-based pricing framework applicable to petroleum products.
NNPC Limited remains committed to reliable product supply and collaboration with the government and stakeholders to help ease the burden on Nigerians. We therefore urge the public to disregard any interpretation of this discount as a subsidy restoration.
We assure the public that our commitment to reliable supply and responsible customer service remains firm. Our priority is to provide practical support while maintaining commercially responsible operations. We will continue to explain the scope and duration of our customer initiatives clearly, so Nigerians can make informed purchasing decisions.
We appreciate Nigeriansβ continued patronage and support, and remain committed to clear communication about our products, prices and customer initiatives.
Andy Odeh
Chief Corporate Communications Officer
NNPC Ltd
Abuja
9th October 2026.
You obviously see the foolishness of the bring-back subsidy, and I will sell at 300 per litre.
The UK Prime Minister is not promising price reductions for British citizens, despite being a relative oil producer. However, the strategic solution is to show them the filling stations that are selling cheaper.
Help Na help. π
Nigerians are fond of undermining what govt does for its citizens especially in the area of education, agriculture, and health care...π.
The other day I was having pains and a swell around one of my ears so I needed to visit an ear clinic. My in-law (she was also my senior at FGC Kaduna) is an ENT specialist. I chatted her up and explained to her. She asked me to come to the National Ear Centre, not far from the Kaduna State Secretariat.
I am familiar with that place (the administrative wing apparently) because I usually do printing for some of their medical associations.
I was directed to the sections where the real medical work is happening. I entered the building and I was astounded. That Ear Centre is well equipped and staffed. Yes, no pilling up of physical files here and there. Medical records are digitalised. And it was filled to the brim with patients waiting to see doctors while some are already in the adjoining rooms being attended to by Doctors. I instantly understood why she doesn't reply messages or return calls for hours.
I was taken to her and after exchanging our usual banters, she then attended to me. I spent less than N5,000. Of course I knew it can't be that amount if it were to be a private clinic. The cheapest you'll pay to see an ENT specialist in a mid class private clinic is N15,000 or N20,000. You will then pay for treatment and drugs.
I was forced to ask her if she is aware that a lot of Nigerians are always lamenting that they don't benefit anything from govt? She smiled and say didn't I see the number of people in the waiting hall and even the passages? She said if the services are not superb and the charges not very affordable, patients won't be crowding the clinic.
She also referenced the crowds at Barau Dikko Teaching Hospital (not far from the Ear Centre), the National Eye Centre at Mahutta, ABU Teaching Hospital at Chika Zaria, General Hosiptal opposite Kaduna Polytechnic in T/Wada, etc.
Apparently, whatever these hospitals are individually generating can't even fund 10% of their individual annual budgets.
I know you're disillusioned about your country and leaders, but in health, FG is largely trying. All we need is for the subnationals to also step up.
Please always check carefully before taking any medications. There are many fake drugs out there that are harming Nigerians who don't check before use! I noticed a significant diffe in the appearance, colors, texture, and contents of three bottles of the same drug. @NafdacAgency