NNPC Reduces Price Of Diesel To N175

The Nigerian National Petroleum Corporation (NNPC) has reduced the price of Automotive Gas Oil (AGO) also known as diesel by 42% nationwide.

This was contained in a statement released on Sunday and signed by the Group General Manager, Group Public Affairs division of the corporation, Ndu Ughamadu.

 NNPC explained that the price reduction, which was the aftermath of key strategic interventions, saw prices fall to N175-N200 from N300.

“It would be recalled that in the first quarter 2017, retail prices of AGO, which is one of the deregulated products, shot to an all-time high of N300/litre in major demand centres across the country.

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