The price of petrol at some Nigerian National Petroleum Company Limited retail locations has been adjusted to N860 per litre.
THE INTERCEPT noted that certain stations in Lagos changed their pumps to N860 per litre, down from N945 as of Sunday, even though the NNPCL Retail has not yet issued an official statement.
The Dangote Refinery lowered the price of its ex-depot gasoline from N890 to N825 per litre a few days prior.
NNPC spokesperson, Olufemi Soneye, did not respond to calls or messages regarding the development.
However, the National Vice President of the Independent Petroleum Marketers Association of Nigeria, Hammed Fashola, confirmed the development.
“It is true, NNPC is selling petrol at N860 in the filling stations. Though this has not been reflected on the portal, they told me they are working on updating the portal,” the IPMAN leader said.
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Also, the National President of the Petroleum Products Retail Outlet Owners Association of Nigeria, Billy Gillis-Harry, said, “They reduced the pump price earlier this morning but I’m yet to get the details.”
The Dangote Refinery announced a price cut last week Wednesday, setting another price regime for the petrol market in Nigeria.
