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NNPCL, others reduce PMS price

The Nigerian National Petroleum Company Limited, NNPCL, and other filling stations have further reduced the pump price of premium motor spirit, PMS.

NNPCL retail outlets in parts of Abuja have adjusted their fuel price to N915 per liter, down from N920. This means that the petrol price was reduced by N5 per liter when compared to N920 per liter.

MRS and BOVAS retail outlets in Abuja dropped fuel prices to N910 per liter from as high as N945 per liter.

Report shows that other petrol stations such as AYM Shafa, NIPCO, Optima, Mobil, Ranoil, and Empire dispense petrol between N920 and N937 per liter in Abuja.

The development comes as the ex-depot price of petrol at Dangote Refinery stood at N824.50 per liter, Eterna (N823), Aiteo (823), and BOVAS (N822).

This is not the first fuel price reduction by NNPCL and other Nigerian filling stations in recent days.

Recall that  NNPCL has adjusted its petrol pump price twice in the last two weeks by N30, down from N945 per liter.

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