Home BUSINESS PETROL, GAS: NNPC Says Sustained Supply Of Products Crashes Prices Nationwide

PETROL, GAS: NNPC Says Sustained Supply Of Products Crashes Prices Nationwide

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The Nigerian National Petroleum Corporation (NNPC), has said its sustained, strategic intervention in the supply and distribution of petroleum products, has led to significant price fall of products nationwide.

A statement by the Group General Manager, Group Public Affairs Division in Abuja Ndu Ughamadu.

The fall was in the prices of Premium Motor Spirit (PMS), also known as petrol, and Liquefied Petroleum Gas (LPG), also known as cooking gas.

Ughamadu stated that in the last few weeks, the price of petrol fell steadily from N145 per litre to between N142 and N143 per litre in some filling stations across the country.

He said a recent survey by the NNPC Oil and Gas forum showed that NNPC mega and affiliate stations across the country, sold PMS for N143 per litre, while some major and independent marketers in Lagos, Abuja, Sokoto, Enugu, Delta sold between N142 and N145 per litre.

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