NNPCL reduces petrol more pump price to N945 per litre
By Tunde Opalana
Amidst the adjustments in global energy sector developments and a notable decline in international crude oil prices, the Nigerian National Petroleum Petroleum Company Limited (NNPCL) on Thursday announced a N15 cut in the pump price of petrol.
Pump price of petrol has now been reduced from N960 to N945 and the company has effectively communicated its outlets across the country.
Nigerians have witnessed fluctuations in petrol pump price since the removal of subsidy on petroleum products by President Bola Tinubu at the inception of his government on May 29, last year.
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The product sold at N198 per litre before the subsidy removal, but has since been hovering between over N800 and as high as N1000 while majority Nigerians grapple with exhobittant costs of goods and services.
