NNPC Limited has reduced the pump price of petrol at its retail outlets in Abuja to N965 per litre from N1,030 per litre.
Visits to NNPC retail outlets in the Central Area and Nyanya suburb of the nation’s capital confirmed that the new rates are now in effect.
This marks the second price cut by the Nigerian National Petroleum Company within two weeks, following a reduction from N1,060 to N1,030 per litre.
Motorists have welcomed the price adjustment, expressing hope for further reductions.