Petrol: NNPC restricts discount sales, may forgo N4.6bn
Motorists must download the NNPC mobile app to get the N66/litre petrol discount, as the company extends the offer and may forgo N4.6bn in revenue. Read More: https://punchng.com/petrol-nnpc-restricts-discount-sales-may-forgo-n4-6bn/
Motorists seeking the Federal Government's N66-per-litre petrol discount must download NNPC's mobile application and make digital payments, as the reduction is not automatically available at filling stations. Checks at NNPC outlets in Abuja revealed that petrol remained at N1,405 per litre for direct pump payments, while digital payments through the app offered N1,339 per litre.
The government's petrol price relief, aimed at easing the impact of rising fuel costs, particularly for commercial transport operators, remains tied to this digital payment arrangement. The initiative, extended until October 31, could result in an estimated N4.62bn loss in gross revenue if all average monthly petrol sales qualify for the reduction.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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