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

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

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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