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HomeEconomyBREAKING: End of Subsidy Regime, As NNPC Adjusts Petrol Pump Price

BREAKING: End of Subsidy Regime, As NNPC Adjusts Petrol Pump Price

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The Nigerian National Petroleum Company (NNPC) Limited says has announced the adjustment of the price of petrol, also known as premium motor spirit (PMS), across its retail outlets.

In a statement on Wednesday, Garba Deen Muhammad, NNPC’s spokesperson, said the adjustment is in line with market realities.

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Though the statement failed to reveal the new price, WesternLifeNewsNG however understands that the new pump price may go up between #350 and #500 per liter.

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