Home Business News NNPC directed to change the retail pump price to N125/litre
NNPC directed to change the retail pump price to N125/litre

NNPC directed to change the retail pump price to N125/litre

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NNPC directed to change the retail pump price to N125/litre

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

Read Also : PRESIDENT BUHARI, ADDRESS NIGERIA ON THE COVID19 PANDEMIC

ADDRESS BY H.E. MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE #COVID19 PANDEMIC SUNDAY 29TH MARCH, 2020

1. Fellow Nigerians,

2. From the first signs that Coronavirus, or COVID-19 was turning into an epidemic and was officially declared a world-wide emergency, the Federal Government started planning preventive, containment and curative measures in the event the disease hits Nigeria.

3. The whole instruments of government are now mobilized to confront what has now become both a health emergency and an economic crisis.

4. Nigeria, unfortunately, confirmed its first case on 27th February 2020. Since then, we have seen the number of confirmed cases rise slowly.

5. By the morning of March 29th, 2020, the total confirmed cases within Nigeria had risen to ninety-seven.

6. Regrettably, we also had our first fatality, a former employee of PPMC, who died on 23rd March 2020. Our thoughts and prayers are with his family in this very difficult time. We also pray for quick recovery for those infected and undergoing treatment.

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