Taiwo POPOOLA
The Nigerian National Petroleum Company Limited, NNPCL, has reduced its petrol price following Dangote Refinery’s announcement of a gantry price cut.
Urban Express News reports that NNPCL filling stations in Abuja and environs lowered their fuel pump price to N1,165 per litre on Wednesday, down from N1,260 per litre on Tuesday.
This represents a reduction of N95 per litre by the state-owned oil firm.https://urbanexpresslive.com/how-burna-boy-tems-became-african-artistes-with-most-billboard-hot-100-entries/\
The adjusted pump price has been implemented at NNPCL filling station outlets in Jabi, Lifecamp, Wuse Zone 5, and Zone 4, as of the filing of this report, while Automotive Gas Oil (diesel) is sold at N1,535 per litre.
Similarly, other filling stations such as NIPCO, AP, and AA Rano now sell PMS at N1,195, N1,200, and N1,223 per litre, respectively.
A manager at MRS filling station, who preferred to remain anonymous, said the retail outlet would adjust its petrol price by N100 to N1,167 per litre from Thursday.
“We will reduce our petrol price to N1,167 per litre from Thursday,” he told DAILY POST on Wednesday.
The Nigerian filling stations had slashed fuel prices by N20 per litre after Dangote Refinery lowered its gantry price to N1,075 amid a drop in crude oil prices.
As of filing this report, Brent and West Texas Intermediate crude stood at $91.76 and $86.86 per barrel, respectively.
