NNPC losses N85.5bn selling petrol at N145 per litre – Kachikwu

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NNPC losses N85.5bn selling petrol at N145 per litre – Kachikwu

The minister disclosed further that as a result of the N26 difference per litre between the current landing cost of the product (N171) and pump price of N145, NNPC which had been singularly importing the product at the volume of 25 million litres per day since October last year, has been incurring a daily loss of about N800-N900 million, cumulatively reaching N85.5billion today, in just three months.

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