The Nigerian National Petroleum Company Limited, NNPCL has reduced its premium motor spirit price, otherwise known as Petrol
It was observed on Saturday that the petrol price at NNPCL filling stations in the Federal Capital Territory, Abuja, has been reviewed downwards to N935 per litre from N950.
Some motorists in Abuja confirmed the new fuel price adjustment at NNPCL retail outlets.
Abdullahi Hashim, a resident of Kubwa, Abuja, said, ‘I observed the drop in the fuel price to N935 per litre on Saturday morning. It is a welcome development.”
“I think I first saw this new price adjustment in Town, Wuse Zone 4 area, on Friday. NNPCL filling station at Kubwa Expressway is just reflecting it,” Bukola Adewole told DAILY POST.
The development comes after Dangote Refinery announced a drop in its ex-depot petrol price to N835 per litre from N865.
