Nigerians have lamented that despite the reduction in the price of petrol, transporters have failed to effect a reduction in transport fares nationwide.
These angry Nigerians added that instead, the prices are still going up.
This sparked intense pricing competition in the downstream sector, forcing the NNPCL to reduce its ex-depot price to N899 per litre.
It was reported that on December 19, 2024, the Dangote refinery reduced the ex-depot price of its petrol from N970 to N899.50 per litre.