The Nigerian National Petroleum Company Limited (NNPCL) has increased its petrol pump price from ₦1,370 to ₦1,405 per litre, reversing an earlier reduction amid uncertainty surrounding the recently announced fuel discount.

Checks by DAILY POST on Friday showed that the new price had been implemented at NNPCL filling stations, representing an increase of ₦35 per litre.

Several petrol attendants who spoke to the publication on condition of anonymity said the new price was communicated on Thursday but took effect on Friday.

The state-owned oil company had not publicly explained the reason for the latest adjustment as of the time of reporting.

The development comes days after NNPCL reportedly returned its pump price to ₦1,370 per litre on Monday following an earlier increase to ₦1,405 per litre.

The latest adjustment means motorists buying petrol at the company’s stations are paying the higher price again, despite the controversy surrounding the announcement of a proposed fuel price discount.

On Thursday, the Minister of Finance, Taiwo Oyedele, announced a proposed fixed petrol gantry price of ₦1,375 per litre ahead of the January 16, 2027 presidential election, according to the report.

However, the relationship between the proposed gantry price and the retail price charged at NNPCL filling stations was not clarified in the information provided.

Gantry prices refer to the prices at which petroleum products are sold from depots to marketers, while pump prices are what motorists pay at filling stations. Differences can arise because of transportation, distribution and other operating costs.

The latest increase is therefore likely to raise further questions among consumers about the implementation of the proposed discount and the factors determining petrol prices at NNPCL outlets.

Until the company provides an official explanation, the reason for the latest ₦35 increase remains unclear.