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NNPCL Offers N66 Petrol Discount, Coalition Commends Effort

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NNPCL Offers N66 Petrol Discount, Coalition Commends Effort

The Coalition for Good Governance (CGG) praised the Nigerian National Petroleum Company Limited (NNPCL) for its N66-per-litre petrol discount, which is intended to provide financial relief to Nigerians during a period of economic strain. In a statement signed by Comrade Danjuma Bello on October 12, the CGG described the price reduction at NNPCL retail stations as a demonstration of corporate responsibility, especially as global crude oil prices have increased domestic fuel costs.

The discount, which coincides with Nigeria's 66th Independence Day, is set to run until October 31. Motorists using the Fuel App at participating NNPCL stations are already experiencing savings on Premium Motor Spirit purchases.

The CGG emphasized that the discount is funded from NNPCL's retail margin, preserving market-based pricing. They also supported the decision to limit the discount to NNPCL-owned stations and require app payments to prevent abuse.

The coalition urged other fuel retailers to adopt similar measures and called for ongoing monitoring of the discount's impact on citizens.

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