Nigerian filling stations reduce fuel pump price, 5 days after Dangote Refinery rate cut

Nigerian filling stations person yet reduced their substance pump price, 5 days aft Dangote Refinery’s gantry terms cut.

A marketplace survey by DAILY POST on Sunday morning showed that Eterna, NIPCO, AA Rano and Ranoil filling stations person each dropped their substance pump terms to betwixt N1,280 and N1,300, from N1,340 per litre successful Abuja and environs.

This means that the aforementioned filling stations chopped their substance pump terms by astir N35 and N55 per litre.

Meanwhile, Nigerian National Petroleum Company Limited, NNPCL, retail outlets person not reduced their pump price, which is presently N1,335 per litre.

Earlier, DAILY POST reported that Dangote Refinery-backed MRS filling stations, on Friday, reduced their substance terms by N76 to N1,241 per litre.

The home substance terms simplification followed Dangote Refinery’s cut successful the terms of petrol astatine the gantry to N1,175 per litre aft a planetary driblet successful crude lipid prices.

Crude lipid prices stood astatine $76 and $80 for West Texas Intermediate and Brent blends arsenic of the clip of filing this report.

It volition beryllium recalled that days aft the reported complet...