The Petroleum Retailers Outlet Owners Association of Nigeria has said the recent petrol price cuts by Dangote Refinery and NNPC filling stations will help reduce inflation by lowering transportation and production costs.
The group, led by Dr. Billy Gillis-Harry, on Monday praised NNPC for lowering its price from N920 to N875 per litre.
However, in Lagos, the national oil company reportedly reduced its price to N860 per litre at its filling stations.