Former Vice President Atiku Abubakar, the Obidient Movement, the Nigeria Democratic Congress and the presidential campaign organisation of Oyo State Governor Seyi Makinde have rejected the Federal Government’s proposed 30-day petrol discount, describing the intervention as inadequate and politically motivated.
Fuel discount won’t cost government public funds, FG insists
motorists can now buy petrol through the NNPC Retail mobile application and dispense the fuel themselves at selected NNPC Retail stations, following the introduction of a new self-service fuelling system.
The Crude Oil Refinery Owners Association of Nigeria, CORAN, made the demand in a position paper titled “Position Paper on the Urgent Need for Strategic Government Intervention to Strengthen Nigeria’s Domestic Refining Industry.”
The Nigerian National Petroleum Company Limited has transferred ₦7.913 trillion to the Federation Account within the first seven months of 2026, highlighting the oil company’s continued role in strengthening government revenue despite a decline in crude production.
Nigeria’s push to revive investment in its deepwater oilfields gained fresh momentum on Monday as the Nigerian National Petroleum Company Limited and its partners signed agreements expected to move the proposed Bonga Southwest/Aparo project, estimated to attract up to $21bn in investment, closer to a Final Investment Decision.