NNPCL: We introduced fuel discount before FG’s pronouncement
The Nigerian National Petroleum Company Limited (NNPCL) says its customers have been enjoying a N66 discount per litres on Premium Motor Spirit (PMS) before the federal government’s announcement of reduction of the product to N1,350 per litre to cushion the effect of rising crude oil price. In a statement, Chief Corporate Communications Officer of NNPCL, […]
The Nigerian National Petroleum Company Limited (NNPCL) has been providing a N66 discount per litre on Premium Motor Spirit (PMS) since October 1, ahead of the federal government's announcement of a reduction to N1,350 per litre. This customer relief initiative was introduced to celebrate Nigeria's 66th independence and will continue until October 31.
NNPCL emphasizes that the discount is not a subsidy restoration, but a practical measure to support Nigerians during a period of rising crude oil prices. The company remains committed to reliable product supply and collaboration with the government and stakeholders, while urging the public not to interpret the discount as a subsidy restoration.
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