Nigerian National Petroleum Company Limited, NNPCL has reviewed the pump price of Premium Motor Spirit, PMS, otherwise known as petroleum for Kano and Jigawa states.
Though the Nigeria’s apex oil company has not officially announced the review, one of its dealers in Kano has informed BizPoint that they received a communication last night to effect the reduction.
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According the dealer, who preferred to remain anonymous, the price of a litre of petroleum in Kano has been reviewed to N1,055 from N1090.
In Jigawa also, the price remains as N1,090, but the order cost is reduced to N1,065.
“We have been asked to review the prices. From today, all our retails will be selling petroleum with this price,” he said.