Nigerian National Petroleum Company Limited has reduced its premium motor spirit price for the second time in one week, the state-owned oil firm today, adjusted its petrol price to N890 per litre from N895, representing N5 per litre downward price review.
While NNPCL retail outlets dispense fuel at N890 per litre, Dangote Refinery’s retail partners, such as AP Ardova, Optima, MRS, and Bovas filling stations, sell at N885 per litre.
However, the Independent Petroleum Marketers Association of Nigeria’s National President Abubakar Maigandi told News men earlier that fuel prices will continue to fluctuate because of the deregulation of the oil and gas downstream sector.
