Fuel Prices Drop in Abuja as Landing Costs Decrease
Filling stations in Abuja have reduced fuel prices as the landing cost of petrol continues to decline below major refinery ex-depot prices. This adjustment comes after President Bola Tinubu approved a 15% import duty tax reduction on petrol and diesel to support local refineries.
Major market players like NNPC, Dangote Refinery, NIPCO, AA Rano, and Eterna Energy have adjusted their pump prices in response to the changing market trends.
Plus234Feed summary based on reporting from Politics Nigeria. Read the original report below.
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