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The federal government announced on Friday a decrease in the price of petrol by Re0.5 per litre, taking the rate to Rs255.63 per litre.

In a statement, the Finance Division announced to reduce the ex-depot price of high-speed diesel (HSD) by Rs5.31 to Rs258.64 per litre.

Additionally, kerosene oil prices have been lowered by Rs3.53 per litre to Rs168.12, and light diesel oil (LDO) prices have been reduced by Rs2.47 per litre to Rs153.34.

The new prices will come into effect from March 1, 2025.

In the previous fortnightly review, the government decreased the petrol price Re1 per litre to Rs256.13, and HSD by Rs4 per litre to Rs263.95.

Additionally, kerosene oil prices were lowered by Rs3.20 per litre to Rs171.65, and light diesel oil (LDO) prices by Rs5.25 per litre to Rs155.81.

Comments

200 characters
TIFASE OLABODE OLUSOLA Mar 03, 2025 06:53am
My number is not available for me to use because it's been taken from my house by armed robbers two years ago. What can I do
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TIFASE OLABODE OLUSOLA Mar 03, 2025 06:54am
No comment again please
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Observer Mar 03, 2025 03:07pm
decrease of 50 paisa ... what an accomplishment !!!
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Fexzy Mar 03, 2025 04:32pm
Always be specific of the country you're talking about
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