COVID-19: Nigeria reduces fuel price to N123.50 per litre
COVID-19: Nigeria reduces fuel price to N123.50 per litre
The Petroleum Products Pricing and Regulatory Agency has reduced the pump price of petrol to N123.50 per litre from the current price of N125.
This comes about a fortnight after the agency reduced the pump price to N125 from N145.
The reduction is based on the reduced landing cost of petrol into Nigeria which is caused by the global decline of crude oil prices.
This comes about a fortnight after the agency reduced the pump price to N125 from N145.
The reduction is based on the reduced landing cost of petrol into Nigeria which is caused by the global decline of crude oil prices.
