The Nigerian National Petroleum Corporation (NNPC) on Wednesday announced that it had reviewed the ex-depot price of petrol from N113.28k per litre to N108.00K per litre. Kennie Obateru, NNPC's Group General Manager, Public Affairs Division, said the price was reduced to make more sales while complying with the Petroleum Products Pricing Regulatory Agency\u2019s (PPPRA) price
The Nigerian National Petroleum Corporation on Wednesday announced that it had reviewed the ex-depot price of petrol from N113.28k per litre to N108.00K per litre.
“We reviewed the ex-depot price to enable us to make more sales. For AGO, it is a deregulated product and as such is its prices are determined by market forces,” he added. According to him, the price was reviewed after extensive review of market realities by the PPMC internal price review unit.
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