Petrol Price Crash In Nigeria As NNPC Announces New Price For Marketers
The Nigerian National Petroleum Company Limited (NNPCL) has crashed the depot price of Premium Motor Spirit (PMS), popularly known as petrol, from N640 per litre to N630 per litre. The NNPCL has also disclosed plans to sell directly to independent marketers instead of first taking it to private depots so final consumers would also be able to buy at cheaper rates. The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, confirmed the new price nothing that NNPC has also promised more supply. According to The Nation, independent marketers paid for the product at the new…
