Marketers Say Petrol Price Could Further Drop By ₦8/Litre - NairalandThe pump price of petrol could drop further by between N5 and N8 per litre, operators in the downstream oil sector have said.
According to oil marketers, the crash in crude oil price warranted the recent slashes in petrol price by the Petroleum Products Pricing Regulatory Agency.
They noted that the current PMS cost of N123.5/litre to N125/litre could drop further when other operators join the Nigerian National Petroleum Corporation to start importing products.
Senior officials of...
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