Monday, March 30, 2020
Home > Oil > NNPC Adjusts PMS Price

NNPC Adjusts PMS Price

In compliance with the directives of the Minister of State for Petroleum Resources, Timipre Sylva 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.

Energy Focus
Editor at Energy Focus Report.
https://www.energyfocusreport.com

Leave a Reply

Your email address will not be published. Required fields are marked *