National

NNPCL set new fuel price after Dangote Refinery, depot owners review rates

News Update

THE Nigerian National Petroleum Company Limited has reduced its premium motor spirit pump price after Dangote Refinery and depot owners dropped ex-depot prices.

Newspaper correspondent who went round filling stations in Abuja on Thursday, gathered that the state-owned firm has slashed its fuel price to N930 per litre from N945.

The downward adjustment has been implemented in NNPCL retail outlets in Kubwa Expressway, Gwarimpa, Wuse Zone 4, Zone 6 and filling stations within Abuja and environs.

This means that NNPCL reduced its fuel retail price by N10 per litre.

Media reporter also observed that other Nigerian filling stations, such as Ranoil in Gwarimpa, have reduced fuel pump prices by N5 to N935 per litre from N940.

Similarly, MRS and AP Ardova filling stations in Abuja are currently dispensing their petrol between N930 and N935.

The development comes as Dangote Refinery and depot owners such as Pinnacle and Aiteo dropped ex-depot prices by at least N10 to N846, N845, and N844 per litre, respectively, as of Thursday morning.

Earlier, the spokesperson of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Chinedu Ukadike, told Journalist that fuel prices may drop further as the ongoing petrol price war intensifies.

VAM News

Recent Posts

Man Steals funds from Company, escaped to another state

Bello Saheed Samuel, an employee of an investment company have been before a Federal High…

39 minutes ago

Businesswoman stabs salesgirl to death

A businesswoman has been arrested after she allegedly stabbed her salesgirl to death.  30-year-old Ibekwe…

1 hour ago

PDP war: Makinde, Wike clash

IBADAN— IN a veiled response to the tirade of Mr Nyesom Wike, Minister of the Federal…

2 hours ago

Man dies while rescuing goat from well

Tragedy struck in parts of Oyo State as the Oyo State Fire Service recovered the…

2 hours ago

U.S delivers another troops to Nigeria

News Update THE United States has deployed a small contingent of troops to Nigeria, marking…

3 hours ago

Gunmen kill ASP, four others in fresh attack

The Benue State Police Command has confirmed that an Assistant Superintendent of Police, ASP, attached…

3 hours ago