The Nigerian National Petroleum Company Limited (NNPCL) on Saturday announced the reduction of its ex-depot price of Premium Motor Spirit, commonly referred to as petrol, from N1,020 to N899 per litre.
Recall that a few days ago, Dangote Refinery reduced its price to N899.
NNPCL’s announcement was confirmed by the Petroleum Products Retail Outlets Owners Association of Nigeria in a statement, issued on Saturday, signed by the association’s National Public Relations Officer, Dr Joseph Obele.
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