The Nigerian Nationwide Petroleum Firm Restricted, NNPCL, has decreased the pump worth of premium motor spirit, PMS.
DAILY POST correspondent who went spherical NNPCL filling stations at Kubwa Expressway, Central Enterprise District, and Wuse Zone 4, Abuja, on Saturday gathered that the state-owned oil agency has slashed its petrol worth to N895 per litre from N910. This confirmed that NNPCL decreased its gasoline pump by N15.
Reacting to the petrol worth minimize, a motorist, Muhammad Ibrahim, mentioned the event is predicted as it will avail Nigerians extra aggressive costs.
“It’s lengthy anticipated as a result of different filling stations have decreased their petrol costs,” he informed DAILY POST.
The newest NNPCL retail worth drop comes days after Dangote Refinery and its companions slashed their gasoline worth to N875 and N895 in Lagos and Abuja.
DAILY POST reviews that different filling stations had decreased their petrol pump costs to between N900 and N910 per litre.
Earlier, the spokesperson of the Impartial Petroleum Entrepreneurs Affiliation of Nigeria, Chinedu Ukadike, mentioned entrepreneurs at the moment are competing favourably with NNPCL following the liberalisation of the nation’s downstream oil and gasoline sector.
He additional famous that NNPCL is encouraging monopoly over controversies surrounding the rehabilitation of Port Harcourt, Warri and Kaduna refineries.