The Coalition for Good Governance has commended the Nigerian National Petroleum Company Limited (NNPCL) for extending its petrol discount programme, describing the initiative as a timely intervention to ease the financial pressure on Nigerians.
The group said the temporary price reduction at NNPCL retail outlets nationwide would provide some relief to motorists, transport operators and businesses struggling with rising fuel, transportation and operational costs.
In a statement issued on Wednesday and signed by its representative, Danjuma Bello, the coalition disclosed that the discount, which commenced on October 1 to mark Nigeria’s 66th Independence Anniversary, had been extended until October 31, 2026.
It attributed the rising cost of petrol to increases in international crude oil prices, noting that the development had placed additional financial burdens on households and businesses.
The coalition said NNPCL’s decision to reduce its retail profit margin and transfer the benefit to consumers demonstrated corporate responsibility at a time when many Nigerians were battling the rising cost of living.
It also praised the company for prioritising public transport operators and funding the discount through its own commercial margin rather than public funds.
According to the group, the arrangement offers temporary relief while maintaining a market-driven approach to petrol pricing.
The coalition further explained that restricting the offer to NNPCL retail outlets and requiring customers to pay through the NNPC Fuel App would help prevent abuse and ensure that eligible consumers benefited from the programme.
It urged motorists to take advantage of the offer before its scheduled expiration by downloading the application and purchasing petrol at authorised NNPCL stations.
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The group noted that the initiative came amid elevated global crude oil prices associated with geopolitical tensions, adding that the company’s willingness to absorb part of the cost deserved recognition.
It called on other private-sector operators to introduce similar measures to cushion the impact of rising living costs, arguing that lower transportation expenses could help reduce pressure on the wider economy.
“This is not a return of subsidy; it is a responsible corporate response that puts the welfare of citizens first,” the coalition said.
The organisation also urged the Federal Government and NNPCL to monitor the impact of the discount and explore additional measures to support Nigerians until international oil prices moderate.
It reaffirmed its support for transparent, market-driven energy policies, stressing the need for cooperation between government and private businesses to ease the economic challenges facing citizens.