Economy News

NNPC Reduces Fuel Pump Price

The Nigerian National Petroleum Company Limited, NNPCL, has reduced the pump price of premium motor spirit, PMS.

According to Dailypost correspondent who went round NNPCL filling stations at Kubwa Expressway, Central Business District, and Wuse Zone 4, Abuja, on Saturday gathered that the state-owned oil firm has slashed its 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.

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