The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has revealed that the Nigerian National Petroleum Company Limited (NNPCL) has reduced its price for the Premium Motor Spirit (PMS) petrol to marketers from N1,045 per litre to N1,030 per litre.
The association's National President, Dr. Billy Harry disclosed this at its strategic meeting and award presentation in Abuja yesterday.
He said: "Today, NNPCL has reduced their price to 1,030 Naira".
He added that the marketers are still pressing the state-owned firm to further drag down the price.
"We are still hoping and pushing that it will still come down low," he said.
Comments