I realize this will come as good news to a large number of Nigerians, particularly this period when the yuletide season is practically around the bend, and a great many Nigerians are now intending to travel home for Christmas and New Year festivities.
As definitely known, any expansion in fuel cost will naturally prompt expansion in transport toll. What’s more, with all that has happened for the current year – the staggering impacts of the Covid-19 pandemic, loss of organizations – I question if each Nigerian will have the option to bear the cost of any expansion in transport admission during the yuletide season.
Maybe with this most recent report about the expansion in petroleum, Nigerians will begin sparing more for their transportation when going for Christmas and New Year festivities this year.
In a report made by vanguard this morning, the Petroleum Products Marketing Company (PPMC), which is a subsidiary of Nigerian National Petroleum Corporation (NNPC) has announced that the price of petrol will no longer be N168 or N170 per litre, but the new price will be N153.17 per litre.
For the individuals who don’t have the foggiest idea what ex-terminal value implies – it implies the cost at which PPMC offer the item at the station to advertisers.
In which cases, that means the November cost of N153.17 has an increament of N1.61 from the September cost.
Whatever the new cost might be, I realize this would come as relief news to Nigerians. Numerous individuals will presumably have their arrangements of voyaging on board as a result of the new price of petrol, and the individuals who will even now make a trip will absolutely need to pay their transport fee as they planned for. In any case, we should trust that drivers won’t use this occasion to help ease traveling for nigerians people.
Maybe the new cost will take effect from today, so it is now official that filling stations may begin reduce cost from today.
What are your considerations about this new price of fuel in Nigeria? Do you figure this advancement will influence individuals this season? We should listen to you in the remarks area beneath.