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NNPC has reduced the pump price of petrol across its retail outlets nationwide following a decline in global crude oil pricesThe latest adjustment sees petrol selling for N1,210 per litre in Lagos and Abuja, down from N1,260, offering some relief to motoristsThe price review comes as the federal government directed marketers to reflect lower crude oil prices in pump prices and warned against profiteering
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of Premium Motor Spirit (PMS), popularly known as petrol, across its retail outlets nationwide.
A survey by Legit.ng showed that NNPC stations in Lagos and Abuja now sell petrol at N1,210 per litre, representing a N50 reduction from the previous price of N1,260 per litre.
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