NNPCL, Nigerian National Petroleum Company Limited has announced a reduction in the pump price of Premium Motor Spirit (PMS), popularly known as petrol.
According to report, NNPCL filling stations at Kubwa Expressway, Central Business District, and Wuse Zone 4, Abuja, on Saturday slashed their petrol price to N895 per litre from N910.
This showed that NNPCL reduced its fuel pump by N15.
Reacting to the petrol price cut, a motorist, Muhammad Ibrahim, said the development is expected as it would avail Nigerians more competitive prices.
“It is long expected because other filling stations have reduced their petrol prices,” he said.
The latest NNPCL retail price drop comes days after Dangote Refinery and its partners slashed their fuel price to N875 and N895 in Lagos and Abuja.
Other filling stations had reduced their petrol pump prices to between N900 and N910 per litre.
Earlier, the spokesperson of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, said marketers are now competing favourably with NNPCL following the liberalisation of the country’s downstream oil and gas sector.
He further noted that NNPCL is encouraging monopoly over controversies surrounding the rehabilitation of Port Harcourt, Warri, and Kaduna refineries.
Federal Government has declared Friday, June 6, and Monday, June 9, 2025, as public holidays…
Black Market Dollar To Naira Exchange Rate Today, 2nd June 2025, Can Be Accessed Below.…
Open Heavens Daily Devotional For Today, 2nd June 2025, Can Be Accessed Below. Open Heaven is…
Lagos State Government is set to reintroduce the suspended monthly environmental sanitation to promote a…
The Kano State Government has declared Monday, June 2, 2025, as a public holiday to…
Governor Umo Eno of Akwa Ibom State has declared that his family is intact despite…
This website uses cookies.
