The Nigerian National Petroleum Company Limited has reduced the pump price of petrol at its retail outlets to N1,130 per litre in Lagos and N1,165 per litre in Abuja.
Observations on Wednesday showed that the new price represents a reduction of N100 from the previous N1,230 per litre in Lagos and N95 from N1,260 per litre in Abuja.
In Lagos, NNPC stations along Isheri Oshun Road, Apple Junction and Ago Palace Way were seen dispensing petrol at the new price of N1,130 per litre.
Similarly, in Abuja, the company’s outlets in Jabi and Wuse adjusted their pump price to N1,165 per litre.
