A new circular from the Nigerian National Petroleum Company Limited (NNPCL) has specified the prices oil merchants will pay for petroleum goods.
The Federal Government had announced the withdrawal of fuel subsidies around two weeks prior to this new development.
In a circular sent on Sunday, NNPCL Retail instructed marketers to think about combining their existing orders—which still carry the old fuel price—in order to purchase a tanker carrying up to 45,000 litres of petrol.
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