NNPCL slashes petrol price just 48 hours after previous adjustment
The Nigerian National Petroleum Company Limited (NNPCL) has reduced the price of Premium Motor Spirit (PMS), commonly known as petrol, just 48 hours after its previous adjustment.
A survey of filling stations in Lagos and the Federal Capital Territory (FCT), Abuja, on Thursday revealed that several NNPCL outlets have adjusted their prices downward.
In Lagos, petrol now sells at N840 per litre, representing a N35 reduction from the previous price of N875.