After Dangote, NNPC reduces petrol price to 860

Some retail outlets belonging to the Nigerian National Petroleum Company Limited have adjusted the petrol pump price to N860 per litre.

PUNCH Online reports that while there is no official communication from the NNPCL Retail yet, some stations in Lagos adjusted their pumps to N860 per litre, down from N945 as of Sunday.

This comes a few days after the Dangote Refinery reduced its ex-depot petrol price from N890 to N825 per litre.

NNPC spokesperson, Olufemi Soneye, did not respond to calls or messages regarding the development.