Idris Adole
Customers are delighted as the Nigerian National Petroleum Company Limited on Monday effected the new price across its retail outlets across the nation’s capital.
The new PMS pump price is the second price drop in less than two weeks from N1,060 earlier in December.
Checks show that NNPCL stations started selling petrol at N965 per litre on Monday.
At its mega station located along Wuse Zone 4 and Olusegun Obasanjo Way, Central Area, the price of the commodity was sold at N965 per litre with commuters scrambling to join the long queue, according to Punch.
However, the newspaper reports that independent and major marketers sold their products between N1,030 and N1,070 across various locations visited. This is despite the assurance by rthe Independent Petroleum Marketers Association of Nigeria (IPMAN), that petrol is going to sell at N935 per litre beginning from Monday (today) based on the latest arrangement with the Dangote Petroleum Refinery.
IPMAN’s National President, Maigandi Garima, had said the reduction in Dangote refinery’s ex-depot price for petrol and the uniform arrangement being put in place, would enable marketers to sell at N935 in their outlets nationwide, incurring a cost of N36 on logistics.
Be the first to comment