Nigerian National Petroleum Company Limited has reduced its premium motor spirit price.
Media Talk Africa correspondent who went round NNPCL retail outlets in Abuja on Tuesday gathered that state-owned firms have also slashed their petrol pump price to N895 per litre from N910.
This comes as NNPCL filling station along Kubwa Expressway, Wuse Zone 4, Wuse Zone 6 (Berger), and other locations in Abuja visibly adjusted their fuel pump price to reflect the new price.
The reduction represents an N15 downward petrol price review in NNPCL retail outlets.
NNPCL is not alone in the petrol reduction; Dangote Refinery’s retail partner, MRS filling stations in Abuja, also reduced their petrol price by N25 to N885 per litre from N910.
Similarly, other filling stations in Abuja, such as Ranoil and Empire Energy, also reduced their petrol pump prices to N910 and N915 per litre on Tuesday from the previous N920 and N935.
The development comes hours after Media Talk Africa exclusively reports that Nigerian Petroleum Products Marketers announced a plan to slash petrol prices to between N900 and N920 per litre in Abuja.
Recall that Dangote Refinery reduced its ex-depot petrol price twice this July so far.
