Oil & Gas
In compliance with the directives of the Honourable Minister of State for Petroleum Resources on PMS pricing, the Corporation has reviewed its Ex-coastal, Ex-depot, and NNPC Retail pump prices accordingly.
Effective March 19, NNPC Ex-Coastal price for PMS has been reviewed downwards from N117.6/litre to N99.44/litre while Ex-Depot price is reduced from N133.28/litre to N113.28/litre, a statement signed by Mele Kayri, NNPC group managing director said.
These reductions will, therefore, translate to the N125/litre retail pump price.
Despite the obvious cost implication of this immediate adjustment to the corporation, NNPC is delighted to effect this massive reduction of N20/litre for the benefit of all Nigerians.
Accordingly, all NNPC Retail stations nationwide have been directed to change the retail pump price to N125/litre.
– Mar. 19, 2020 @ 10:45 GMT |
Tags: NNPC adjusts price of Fuel
