Officer, Garba Deen Muhammad, the national oil company explained that the adjusted pump price was in line with “current market realities”.The Nigerian National Petrol Company Limited has confirmed it adjusted pump prices of Premium Motor Spirit known better as petrol across the country.
According to the released price list, the new pump price for fuel, also known as premium motor spirit , ranges from N488 in Lagos State to N557 per litre in Yobe and Borno states, while it is N537 in Abuja. There have been agitations across the country over the immediate announcement of the fuel subsidy removal by President Tinubu with the immediate geometric price hike of the product after the announcement.
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Nigerian Petroleum Company, NNPC Confirms Plan To Remove Fuel Subsidy, Cautions Against Panic Buying | Sahara ReportersThe Nigerian National Petroleum Company Limited (NNPCL) has given its support to the immediate removal of fuel subsidy by President Bola Tinubu on Monday. This was said by the GCEO of the company, Mele Kyari, in a statement who noted that the company had been spending a huge amount of its profits on fuel subsidy, indicating that its removal would be a huge relief for NNPC.
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Fuel Subsidy Removal: Nigerian Petroleum Company, NNPCL Releases N488 To N557 Fuel Pump Price Per Litre Across 36 States, Abuja | Sahara ReportersFollowing President Bola Tinubu’s announcement of fuel subsidy removal on Monday during his inaugural speech, the Nigerian National Petroleum Company Limited (NNPCL) on Wednesday morning released a list of adjusted pump prices for its mega stations across the 36 states of the federation and the Federal Capital Territory, Abuja. According to the released price list, the new pump price for fuel, also known as premium motor spirit (PMS), ranges from N488 in Lagos State to N557 per litre in Yobe and Borno states, while it is N537 in Abuja.
Source: SaharaReporters - 🏆 9. / 63 Read more »
Fuel Subsidy Removal: Nigerian Petroleum Company, NNPCL Confirms Adjusted Fuel Pump Prices Of Over N500 Per Litre At Its Filling Stations | Sahara ReportersThe Nigerian National Petroleum Company Limited has announced that it has adjusted its pump prices of premium motor spirit, also known as petrol at its retail outlets across the country to reflect the fuel subsidy removal. In a statement issued on Wednesday by its Chief Corporate Communications Officer, Garba Deen Muhammad, the company said, “NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump prices of PMS across our retail outlets, in line with current market realities.
Source: SaharaReporters - 🏆 9. / 63 Read more »