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The Research, Technology and Innovation (RTI) division of NNPC Limited received the ‘Driving Energy Innovation in Nigeria Through Technology and Research’ award at the 2026 Nigeria Innovation Awards held on 6 October in Lagos. The accolade highlights the unit’s growing role in oil‑sector research and technology development.
President Bola Ahmed Tinubu announced that investments in compressed natural gas (CNG) transport are lowering commuter fares and that the government has waived billions in fuel taxes while rolling out new buses and electric vehicles across several states.
ADC presidential candidate Atiku Abubakar says President Bola Tinubu’s N66‑per‑litre petrol discount is a political ploy, questioning who authorised the NNPC to fund it and how the cost will be recorded.
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.
Depot operators in Port Harcourt, Warri and other cities raised petrol prices to N1,900 per litre on Friday, even though the Nigerian National Petroleum Corporation kept its retail price at N1,360. The surge coincided with a modest rise in international crude benchmarks.
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.
The federal government announced a plan to push inflation into single‑digit territory while the Nigerian National Petroleum Company will offer petrol at its landing cost for the next month, a move supported by President Bola Ahmed Tinubu.