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Petrol Will Cost ₦462/Litre Without Subsidy, Says NNPCL

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SMACIN GRACEFULL TEAM Petrol Will Cost ₦462/Litre Without Subsidy, Says NNPCL The Nigerian National Petroleum Company Limited (NNPCL) says premium motor spirit (PMS) will cost consumers N462 per litre without the Federal Government’s subsidy. ADVERTISEMENT This is according to a statement by the NNPCL Group General Manager, Group Public Affairs Division Mr. Garba Deen Muhammad on Sunday. ADVERTISEMENT “The NNPC Ltd notes the average daily evacuation (Depot truck out) from January to August 2022 stands at 67million litres per day as reported by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA. ADVERTISEMENT Daily Evacuation (Depot loadouts) records of the NMDPRA do carry daily oscillation ranging from as low as 4 million litres to as high as 100 million litres per day, ” the statement read. ADVERTISEMENT

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