Petrol Price Rises To ₦1,299 At NNPCL Stations In Lagos

By Sherif Salau

The pump price of petrol has risen to ₦1,299 per litre at NNPCL stations across Lagos, increasing transport and operating costs for drivers, traders and small businesses.

The adjustment is already influencing daily routines. Commercial drivers report spending more time calculating how many trips remain profitable after filling their tanks. Fares have begun to rise in small increments rather than through formal announcements. Passengers are weighing journeys more carefully, combining trips or postponing non-essential travel.

Traders who transport goods from the city’s outskirts and neighbouring states face higher costs per kilometre. While retail prices for produce such as tomatoes, peppers and grains have not surged overnight, profit margins have tightened. Some traders are reducing volumes; others are passing on increases more cautiously.

Small businesses that rely on generators to supplement unreliable electricity supply are also feeling the pressure. Higher fuel costs have added to operating expenses. In response, some operators are consolidating deliveries, adjusting opening hours or accelerating plans to adopt solar power.

The price change does not reflect a sudden shortage or widespread panic. Instead, it is steadily raising the cost of movement and commerce in a city that depends on constant activity. For many Lagos residents already managing tight budgets, the new rate is prompting closer attention to every journey and transaction.