NNPC slashes petrol price to N860/litre as competition intensifies
By Udeme Akpan, Obas Esiedesa The Nigerian National Petroleum Company Limited (NNPC) has reduced the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, to N825 per litre from N890 per litre as competition intensifies in Nigeria’s downstream sector. NNPCL’s spokesperson, Olufemi Soneye, confirmed the development in an interview with Vanguard yesterday. He…