Petrol discount: NNPCL filling stations’ fuel pump price update

Petrol prices astatine Nigerian filling stations remained astatine N1,370 per litre aft the Federal Government projected a discounted terms of N1,350 per litre.

A marketplace survey by DAILY POST connected Friday showed that NNPCL retail outlets successful Abuja and its environs were dispensing petrol astatine a level complaint of N1,370 per litre.

DAILY POST reports that the Minister of Finance, Taiwo Oyedele, connected Thursday announced a connection to benchmark the petrol terms astatine N1,350 per litre for 30 days.

The projected discounted terms is N20 little than the N1,370 per litre astatine which petrol was being sold astatine NNPCL outlets earlier the announcement.

Oyedele clarified that the projected discounted petrol terms of N1,350 per litre astatine NNPCL filling stations does not represent a substance subsidy.

President Bola Tinubu’s medication and the NNPCL, successful abstracted statements, affirmed Oyedele’s position.

However, absorption figures, including Atiku Abubakar of the African Democratic Congress (ADC), person rejected Tinubu’s 30-day substance discount initiative.

Similarly, Atiku’s allies person criticised the government’s decision, describing it arsenic a hopeless measurement and governmental gimmick, arsenic good a...