The Nigerian National Petroleum Company Limited (NNPCL) has received praise from the Coalition for Good Governance (CGG) for offering a petrol discount of ₦66 per litre. The CGG described the gesture as a show of consideration for the financial struggles that Nigerians face.
The coalition claimed that the temporary price cut at NNPCL retail locations around the country was giving businesses and drivers who were struggling with growing transport expenses and the high cost of living much-needed respite.
The group claimed in a statement signed by Comrade Danjuma Bello on Monday that the discount was first offered on October 1 to honour Nigeria’s 66th anniversary of independence and was then extended till October 31, reflecting corporate responsibility amid rising international crude oil prices.
It noted that the initiative was helping consumers save money on Premium Motor Spirit (PMS), commonly known as petrol, with motorists accessing the offer through the NNPC Fuel App at participating retail outlets.
“The NNPCL’s decision to forgo part of its retail margin and pass the benefit directly to consumers is quite helpful and beneficial to citizens across the country,” the statement said.
The coalition observed that the intervention came at a time when many households were struggling to meet daily expenses, while transport operators and businesses continued to contend with elevated operating costs.
It described the discount as a practical measure capable of providing immediate relief to consumers, adding that reductions in fuel costs could help ease pressure on transportation fares and other essential services.
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The group also commended NNPCL for prioritising public transport operators and maintaining that the initiative was funded from the company’s retail margin rather than public resources.
According to the coalition, the arrangement demonstrates that companies can provide targeted relief to consumers without undermining market-based pricing or placing additional pressure on government finances.
“We commend the company for prioritising public transport operators and for ensuring that the discount remains a commercial decision funded from its own margin rather than public resources.
“This approach preserves the integrity of market-based pricing while still delivering support where it is most needed,” it said.
The coalition further noted that restricting the offer to NNPCL retail outlets and requiring transactions through the company’s mobile application could help ensure that the benefits reached genuine customers.
It urged motorists to take advantage of the promotion before its scheduled expiration at the end of October by using the NNPC Fuel App at participating stations.
The group said the discount was particularly noteworthy against the backdrop of elevated international crude oil prices associated with geopolitical tensions, which have contributed to pressure on domestic fuel prices.
It expressed optimism that similar private-sector initiatives could complement government efforts to cushion the effects of economic hardship and support the recovery of the economy.
Describing the intervention as a corporate initiative rather than a return to fuel subsidy, the coalition said the distinction was important in preserving fiscal discipline while encouraging businesses to contribute to public welfare.
“This is not a return of subsidy; it is a responsible corporate response that puts the welfare of citizens first,” the statement added.
The coalition urged other players in the petroleum industry to consider similar measures that could ease the burden of rising fuel costs on households, transport operators and businesses.
It maintained that responsible pricing initiatives by private companies could contribute to broader economic benefits by helping to moderate transportation expenses and the cost of delivering goods and services.
The group reiterated its support for transparent, market-driven energy policies, while urging the Federal Government and NNPCL to continue assessing the impact of the discount and explore additional measures to support consumers until international oil prices moderate.
