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Civil society organisations commended Group CEO Engr. Bashir Bayo Ojulari of the Nigerian National Petroleum Company Limited for the strong 2025 financial results and the N66‑per‑litre petrol discount, saying they demonstrate the Petroleum Industry Act is delivering tangible benefits for Nigerians.
Former Vice President Atiku Abubakar says President Bola Tinubu is treating the Nigerian National Petroleum Company Limited as a source of campaign money, alleging the N66‑per‑litre fuel discount is a political stunt rather than a genuine relief for motorists.
The head of the Petroleum Products Retail Outlets Owners Association of Nigeria says the Federal Government's plan for a 30‑day petrol discount may falter because there are too few NNPC retail outlets to reach all consumers effectively.
The Nigerian National Petroleum Company Limited said motorists have been receiving a N66 per litre discount on Premium Motor Spirit at its retail stations, a scheme that started on 1 October and will run until 31 October, preceding the federal government's decision to lower the official pump price to N1,350 per litre.
The federal government will sell petrol at N1,350 per litre through designated Nigerian National Petroleum Corporation outlets for the next 30 days, with the price to be reviewed each month. The move is backed by President Bola Tinubu but has drawn criticism from opposition parties.