NNPCL announces fresh reduction in fuel pump price

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The Nigerian National Petroleum Company Limited (NNPCL) has slashed fuel prices again, reducing the pump price of petrol from N895 to N890 per litre at its outlets.

The Nigerian National Petroleum Company Limited (NNPCL) has again reduced the pump price of Premium Motor Spirit (PMS), cutting it from N895 to N890 per litre.

DAILY POST observed on Wednesday that several NNPCL outlets across Abuja, including Kubwa Expressway, Gwarimpa, and Wuse Zone 4, have adjusted their pumps accordingly.

This marks the second downward price review within a week by the state-owned oil company.

Meanwhile, Dangote Refinery’s retail partners such as AP Ardova, Optima, MRS, and Bovas filling stations are dispensing petrol at N885 per litre.

The National President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, told DAILY POST: “Fuel prices will continue to fluctuate because of the deregulation of the oil and gas downstream sector.”

READ MORE AT TUE DAILY POST

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