The Independent Petroleum Marketers Association of Nigeria says the premium motor spirit price of the Nigerian National Petroleum Company is yet to drop.
IPMAN’s Spokesperson, Chinedu Ukadike, stated this on Monday.
According to him, the ex-depot price of NNPC petrol has remained unchanged at N940 per litre.
His clarification comes amid reports that NNPCL has dropped its retail fuel pump price to N860 per litre from N940 and N965 in Lagos and Abuja, respectively.
When contacted on the reduction in petrol price, spokesperson for NNPCL neither confirmed nor dismissed the claim as of the time of filing this report.
However, checks on the NNPC X handle did not contain any statement or notice regarding the alleged price reduction.
Reacting, Ukadike said: “The ex-depot price of PMS has remained unchanged at N940 on NNPC’s portal.
“We are not aware of any petrol price reduction at NNPC.”
He disclosed that NNPCL’s petrol price drop is usually indicated in its portal for petrol marketers; however, there was no price change as of the time of filing this report.
Dangote Refinery had on February 26, announced an ex-depot petrol price reduction to N825 from N890.
