Reduction In Petrol Price To Reflect Within The Week, Says PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says Nigerians should expect a reduction in the pump price of the product within the week.
Last week, the Nigerian National Petroleum Company (NNPC) Limited and the Dangote Refinery reduced the ex-depot price of petrol to ₦899 per litre in Lagos.
While the pump price of the product has not been reduced in many filling stations, PETROAN said the new cost of the commodity will take effect this week.
“But I believe from today when members start loading from both NNPC and Dangote at this new price reduction, it will reflect in the market,” the president of the association Billy Gilly-Harry said this to journalist today
The president also give kudos to some of it’s members, especially leaders in PETROAN, that have done so well, for reducing their prices to below ₦1,000 before even the announcement.
