The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in the pump price of Premium Motor Spirit (PMS), also known as petrol, to N860 per litre.
The new price took effect on Monday, March 3. This follows last week’s decision by the Dangote Petroleum Refinery to lower the ex-depot price of petrol from N890 per litre to N825, marking its second price cut in February.
