Current petrol price indicates a reduction of N1.5 on every litre of petrol purchased nationwide.
It announced the reduction through the Petroleum Products Pricing Regulatory Agency, after a whole day meeting with stakeholders in the oil and gas sector in Abuja.
Officials from the Central Bank of Nigeria, Nigerian National Petroleum Corporation, oil marketers and labour unions, among others, who constitute the petroleum products price modulation committee attended the meeting. It explained that the N125/litre price might last till the end of March, as a new cost for petrol might be introduced on April 1.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BREAKING: FG reduces petrol pump price to N123.50 litreThe Federal Government (NigeriaGov) has announced a reduction of the pump price of the Premium Motor Spirit (PMS) to N123.50 per litre. HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC
Read more »
Nigeria reduces fuel price to N123.50 per litreAll retail outlets should start selling at the new price from April 1, an official said.
Read more »
ATMs, e-payment platforms will be functional during lockdown – FG
Read more »
Probe South-West explosions, Gani Adams tells FG
Read more »
FG Directs Oil Firms to Cut Offshore Workforce - THISDAYLIVE• NNPC, DPR differ over Nigeria’s petrol stock By Emmanuel Addeh The federal government has directed oil and gas companies to reduce the workforce on their offshore platforms in view of COVID-19 pandemic in the country. Director, the Department of Petroleum Resources (DPR), Mr. Sarki Auwalu, said in a circular in Abuja that only staff …
Read more »
COVID-19: We don’t know how long this will last –FG
Read more »