In compliance with the Federal Government directive after it's weekly Federal Executive Council (FEC) meeting, the Nigerian National Petroleum Corporation (NNPC) reviewed pump price all over the country to N125/litre. This is contained in a press release via their Twitter handle. Screenshot below:

PMS PRICE ADJUSTMENT

In compliance with the directives of the Honourable Minister of State for Petroleum Resources on PMS pricing, the Corporation has reviewed its Ex-coastal, Ex-depot and NNPC Retail pump prices accordingly.

Effective 19th March 2020, NNPC Ex-Coastal price for PMS has been reviewed downwards from N117.6/litre to N99.44/litre while Ex-Depot price is reduced from N133.28/litre to N113.28/litre.

These reductions will therefore translate to N125/litre retail pump price.

Despite the obvious cost implication of this immediate adjustment to the Corporation, NNPC is delighted to effect this massive reduction of N20/litre for the benefit of all Nigerians.

Accordingly, all NNPC Retail stations nationwide have been directed to change the retail pump price to N125/litre.

Mele K. Kyari
Group Managing Director, #NNPC
Abuja – 18th March 2020

https://mobile.twitter.com/NNPCgroup/status/1240317696732004352

Nice one.....
Las las.....we go dey alright.

amen

Mele Kyari/Abba Kyari
Whats even the difference?

Iyiataata92:
Mele Kyari/Abba Kyari

Whats even the difference?

U get problem Sr.

Someone should tell His Excellency, the Executive Problem of the Federal Republic of Nigeria that it has to be 80 naira or we are not taking it

Confused lots

Long overdo!

sagitariusbaby:
Someone should tell His Excellency, the Executive Problem of the Federal Republic of Nigeria that it has to be 80 naira or we are not taking it

Nice one

The person who did the mathematics is mad!

Crude oil price crashed from $70 to $30.


That's more than 50% reduction.

Price of fuel was 145 naira....now it should be about 70 naira.



This government is scam

sotall:
The person who did the mathematics is mad!

Crude oil price crashed from $70 to $30.

That's more than 50% reduction.

Price of fuel was 145 naira....now it should be about 70 naira.

This government is scam

lol

todaynewsreview:
In compliance with the Federal Government directive after it's weekly Federal Executive Council (FEC) meeting, the Nigerian National Petroleum Corporation (NNPC) reviewed pump price all over the country to N125/litre. This is contain in a press release via their Twitter handle. Screenshot below:

CC: lalasticlala

Another pointless political move by the government.

The current low oil price presents a fantastic opportunity for the govt to do away with the subsidy regime for good. But instead, they choose to still modulate / control and peg the price. What then happens when oil price rises again?

Finally... This is literally the best news of the Day..But it would have been better if it's reduced to #65.. FG just dey fry akara on top people head,e be like say na Porpo calculator dem been use fix up the figures.

Meanwhile..If you need Pure Original Honey.. bling/Whatsapp 081 0166 6771 let's talk about it...We will survive in dx country...No shaking

Would this lead to reduction in price of food stuff

In compliance to Atiku's order
Atiku will Cum....

Lol


Is the difference in crude price or present-day economic doomsday occasioned by sister Corona #20 equivalent worth?

Very confusing, yet funny.

This move should ordinarily reduce transport fare and the prices of other commodities in the market, but in naija when prices go up, it never comes down. It always defy gravity

It will take several months before this will be effective. No be naija again??

Arise 'O' compatriots......

Peace and unity.

No wonder light dey today wella

No wonder PHCN hasn't intermittent power supply.

It should be 70 Naira.

sotall:
The person who did the mathematics is mad!

Crude oil price crashed from $70 to $30.


That's more than 50% reduction.

Price of fuel was 145 naira....now it should be about 70 naira.



This government is scam

Big Scam

Okay

Biafra will sell fuel at #12

Humphrizy:
Finally... This is literally the best news of the Day

what’s finally about this

Buhari is working

Obiano is working


Somebody said palm wine tapper but I catch like this

What about those who bought @133.28 per litre from the depots??

Guys reduce to #67 biko

sotall:
The person who did the mathematics is mad!

Crude oil price crashed from $70 to $30.


That's more than 50% reduction.

Price of fuel was 145 naira....now it should be about 70 naira.



This government is scam

lol now u know

sagitariusbaby:
Someone should tell His Excellency, the Executive Problem of the Federal Republic of Nigeria that it has to be 80 naira or we are not taking it

Lwkmd......Big man...I hail ooh

Rubbish