Man Happy As NNPCL Fuel Price Crashes To N860 Per Litre, Predicts Further Fall in Cost of Petrol
- A Nigerian man has reacted with happiness after seeing how much the NNPCL is selling petrol per litre
- The man said the Nigerian National Petroleum Company Limited might adjust prices further across the nation
- He was happy that the NNPCL was now selling a litre of fuel for N860 at its filling stations, down from N945 it sold earlier
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A Nigerian man has reacted with joy after reading the news that NNPCL is now selling petrol at a cheaper rate.
The man saw that the company now dispenses PMS at the cost of N860 per litre at its filling stations.
Source: UGC
In a Facebook post, Tom Alims said it was an interesting time to be a Nigerian because the prices of PMS were gradually being driven down.
Tom Alims shared a screenshot of the news on Facebook and said he hopes the prices reduce further within the week.
According to Tom, he was hoping for the day that PMS would be sold at N500 per litre.
His words:
"Interesting times to be a Nigerian. Before weekend, most NNPC fueling Stations across the nation will adjust their prices. I can't wait for when prices will crash to less than N500."
Source: Getty Images
Some people who saw the post argued that the price reduction was due to the healthy competition between NNPC and the private sector led by Dangote Refinery.
Reactions to new fuel price at NNPC filling stations
Ud Ofem said:
"My brother e dey sweet my belle ooo...I like this healthy competition e favour us, it's just that e no go reflect on prices wey don go up due to the hike."
Obi Simon said:
"Calabar mini bus drivers are still forming Adam of de most high."
Raymond Ukaka Jnr said:
"When there is competitive market. Supply is certain. Economics teacher you finish work that time."
Joy Offiong Ikpeme said:
"Don't celebrate yet sir. This country is not stable."
Tony Ogidi said:
"You guys are celebrating N860/litre? APC are indeed wise then? They will crash it to N500/litre for 2027 elections. You are forgetting where we were coming from (N197/litre) so soon. These guys know how to maneuver our psych for their benefits..."
David De Beloved Wohuowo said:
"If ogoja will ever come to this make I treck from ogoja to calabar."
Akabom Okon said:
"Please, can you link me to filling station with the official price posted above?"
Adie Ikor Jnr said:
"A free competitive market is healthy for our economy."
Port Harcourt Refinery begins fuel distribution
In a related story reported by Legit.ng, the Nigerian National Petroleum Company Limited said that the Port Harcourt Refinery had begun loading petrol into trucks.
The company disclosed that the move aligns with its promise to re-launch the refinery to boost Nigeria’s energy supply.
Meanwhile, marketers decried the petrol price from the Port Harcourt Refinery, saying it was costlier than Dangote's price.
Proofreading by Nkem Ikeke, journalist and copy editor at Legit.ng.
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Source: Legit.ng
