The pump price of petrol may sell for less than N87 per litre next 2016, latest findings from the Nigerian National Petroleum Corporation have revealed.
This is coming as the corporation also announced that the Kaduna Refining and Petrochemical Company would start producing petroleum products beginning from today (Saturday).

According to the NNPC, the current pricing template for petrol, which was prepared by the Petroleum Products Pricing Regulatory Agency, contains significant inefficiencies that should be reviewed.

He stated that some pipelines had started pumping crude oil and refined products, adding that petrol had been pumped from Atlas Cove to Mosimi depot using the pipelines connecting both facilities pipelines.
Nnamdi-Ogbue also assured Nigerians that the NNPC had enough petrol to keep the country wet for at least 12 days, and urged motorists and petrol seekers to avoid panic buying.

Lets us hope so.


Source : http://soutynews..co.za/2015/12/kaduna-refining-petrol-will-sell-below.html

Good, then.

Another Source: http://www.punchng.com/petrol-may-sell-below-n87litre-next-year-nnpc/

Pdp sympathizers come Jona here again if i no slap ur bald@ heads

I beg to ask this question, how many NNPC do we have. Contradictory statements from NNPC

I hope so. #removesubsidyandlethavepeace.

lol

good news

Fuel is not sold @ N87/litre currently ..

This Kachuchuku is a clown .. He has not been able to end the 10 weeks long fuel shortage and he is here telling us Kaduna will work next year .. I am tired of hearing Kaduna work and unwork on paper jooor

Yesterday NNPC said between 87 - 97
Today NNPC says below 87

And as for today, PMS is currently sold 130 - 150 not even the official price of 87.

The lie and deceipt that will destroy this demonic APC government is still warming up.

Fingers crossed. That's all I can say for now. The volatility of the oil industry is such that I can't put my bet on such a projection.

Even if it sells at that price can the refinery produce adequate supply for the country

NextGovernor:
Yesterday NNPC said between 87 - 97
Today NNPC says below 87

And as for today, PMS is currently sold 130 - 150 not even the official price of 87.

The lie and deceipt that will destroy this demonic APC government is still warming up.

130-150 in which state?

ionsman:

130-150 in which state?

IMO, PORT HARCOURT, EBONYI, ABIA selling #130