The Nigerian National Petroleum Company Limited (NNPCL) has reduced price of petrol to to N899 per litre. The development comes days after the Dangote refinery slashed the ex-depot price of the product to the same amount. This was confirmed by Joseph Obele, Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN’s national public relations officer (PRO), on Saturday. The association described the price reduction by NNPC as a response to the competitive impact of deregulation. The statement issued by the association said; “The Nigerian National Petroleum Company Limited has taken…
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