Petrol May Sell Below N87/Litre Soon

The pump price of petrol might fall below the official N87/litre soon, the NNPC has announced.

The state oil company said it is working out a template with the Petroleum Product Pricing Regulatory Agency (PPPRA), which might make the commodity sell for less thant N87 per litre next year.

Group General Manager, Corporate Planning and Strategy, of NNPC, Bello Rabiu, said the cost of bringing one litre of petrol to the country currently was N65.

Read full plan here

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