NNPC adjusts price of Fuel

NNPC filling station
NNPC filling station

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 |

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