NNPCL reduces fuel price for second time in four days

The Nigerian National Petroleum Company Limited, NNPCL, has reduced its substance pump terms for the 2nd clip successful 4 days.

A marketplace survey on Saturday by DAILY POST showed that NNPCL retail outlets astir Airport Junction and Wuse Zone 6 (Berger) successful Abuja person reduced their petrol terms to N1210 per litre, down from N1260.

This means that the state-owned lipid steadfast slashed the petrol terms by N50 per litre.

This comes hardly 2 days aft Dangote Refinery reduced its petrol gantry price by N50 to N1,125 per litre.

Recall that 4 days ago, NNPCL had adjusted its substance terms pump by N75 per litre to N1260.

With the latest driblet by NNPCL retail outlets, petrol prices basal betwixt N1210 per litre and N1305 per litre successful Abuja and its environs.

The simplification successful home substance comes amid falling crude lipid prices, which basal astatine $69 per tube and $71 per tube for West Texas Intermediate and Brent crude, respectively, pursuing the easing of the struggle i...