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COVID-19: Nigeria reduces fuel price to N123.50 per litre

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COVID-19: Nigeria reduces fuel price to N123.50 per litre

The Petroleum Products Pricing and Regulatory Agency has reduced the pump price of petrol to N123.50 per litre from the current price of N125.
This comes about a fortnight after the agency reduced the pump price to N125 from N145.
The reduction is based on the reduced landing cost of petrol into Nigeria which is caused by the global decline of crude oil prices.

NIPCO

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