The Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN) has commended Dangote Refinery and Nigeria National Petroleum Company Limited (NNPCL) for the reduction of fuel prices.
Papers News reports that the group’s President, Billy Gillis-Harry, said Dangote’s reduction to ₦825 and NNPCL’s reduction from ₦920 to ₦875 per litre would help the economy.
In a statement on Monday, Gills Harry explained that lower transportation costs would crash food prices.