The Nigerian National Petroleum Corporation on Sunday said it had successfully crashed the pump price of Automotive Gas Oil, also known as diesel, by about 42 per cent nationwide.

It described this as a huge reduction over the past six months, linking it to series of interventions by the national oil firm in the downstream oil sector.

Explaining how this was achieved, the Group General Manager, Public Affairs Division, NNPC, Mr. Ndu Ughamadu, stated that in the first quarter of this year, the retail price of AGO, which is one of the deregulated products, was N300 per litre in major demand centres across the country.

“Such unpleasant situation placed a huge burden on truck drivers, who need the product to remain in business; the nation’s manufacturing sector, which requires it to run its operations; and the masses, who need it for household power generation,” he said.

He, however, noted that following the various interventions by the oil firm for sustained improvement in the supply of diesel, the product’s retail price as of the end of May this year dropped to between N175 per litre and N200 per litre, a decrease of about 42 per cent, while the ex-depot price also dropped to between N135 per litre and N155 per litre.

http://investorsking.com/diesel-price-fallen-42-says-nnpc/

I was surprised when I saw #180 per liter around Igando yesterday

Liars, I don't need to believe anything anybody says in Nigeria

Liars, I don't need to believe anything anybody says in Nigeria
Kerosene nko?

Kudos to Osinbajo

Na dem say bt na we dey buy....

Hmm

Well I keep praying for the best for this country

APC and his government are pathological liars.
Believe them at your risk

What about the prices of fuel, tomatoes, fish, garri, rice, beens and I the commons even cloths and house rent.

Yeye dey smell.
Break Naija into 3
South Nigeria
North Nigeria
Biafra.

Lies from the pit of hell

Na so. Dem say removal of subsidy go make fuel price fall. Dem remove subsidy for kerosene and diesel since about 15 years ago yet their price no fall.

Make we dey look dem

heykims:
Liars, I don't need to believe anything anybody says in Nigeria
Kerosene nko?

Confirm the story first before you rant, Soso filling station at Itowolo along ikorodu road sells at 170 per litre.

I bought at N165/ltr yesterday ,also surprised.

Yes!!! It has begun!!! The campaign for 2019 has begun!!!


I told someone these apc. Will do us abrakadabra!!! They will starve us for two years on every level till we forget what enjoyment is, then when our brain has accepted the suffering, they will reintroduce the same enjoyment we use to have, but it will be to us like fresh air...

Their clock is running out so they have started, the process of taking their SHEEP from the desert to the grass lands....

I cut cap for APC!!! Nice one tho.

heykims:
Liars, I don't need to believe anything anybody says in Nigeria
Kerosene nko?

......

ANYBODY + YOU = ALL

Hopefully petrol will come down too..

So they expect us to be happy? When other Oil producing countries buy Gasoline and Desiel for as low as $0.45...

K

Useless people.

Diesel was N115-N120 under GEJ.

So they want us to clap for them.

Ok

livinus009:
So they expect us to be happy? When other Oil producing countries buy Gasoline and Desiel for as low as $0.45...

.... una dey refine crude oil ?.......una Refineries dey work ?.....No be import una dey import refined products ? Kai haba !

farihafaheemah:

Confirm the story first before you rant, Soso filling station at Itowolo along ikorodu road sells at 170 per litre.

it is far easier for critics to rant than to confirm. they get more satisfaction heaping blame and curses on binaries rather than wishing the country the very best.

burkingx:
.... una dey refine crude oil ?.......una Refineries dey work ?.....No be import una dey import refined products ? Kai haba !

Shebi dey said Kaduna and Port Harcourt Refineries are working and producing about 3 million Litres everyday.

livinus009:


Shebi dey said Kaduna and Port Harcourt Refineries are working and producing about 3 million Litres everyday.

.....So you believe the 3 million liters but you no wan believe the 42 % crashed price abi ?

99% of those people shouting "lies" use neither diesel nor petrol.

farihafaheemah:

Confirm the story first before you rant, Soso filling station at Itowolo along ikorodu road sells at 170 per litre.

It amazed me when people start saying it's a Lair, may God help us.

heykims:
Liars, I don't need to believe anything anybody says in Nigeria

But you believe Evans the kidnapper and Nnamdi Kanu, two brothers from different wombs.

it's true. those saying its a lie are either kids still living with their parents or propagandist who wouldn't believe birds fly. diesel is now 170/175 per litre