- The state-owned oil company also increased the PMS price in Lagos to N960 per litre from N925.
- The upward review of the fuel price represent a N34 and N35 difference compared to the old price.
The price of Premium Motor Spirit, petrol, across the Nigerian National Petroleum Company Limited retail outlets has been jacked up again.
It’s gathered that NNPCL filling stations raised their petrol price to N999 per litre from N965 in the majority of their outlets in the Federal Capital Territory, Abuja, and Akwa Ibom State.
The state-owned oil company also increased the PMS price in Lagos to N960 per litre from N925.
The upward review of the fuel price represent a N34 and N35 difference compared to the old price.
It could be recalled that Dangote Refinery last week announced an ex-depot petrol price increase, which saw its retail price go up to N970 per litre from N935.
It’s gathered that Dangote Refinery partner, MRS filling stations along the Kubwa Expressway, sold fuel at N970 per litre, up from N935.
Other fuel retail outlets sell the product between N1030 per litre and N1,100, depending on the location.
Dangote Refinery and the Petroleum Products Retailers Association of Nigeria have blamed the surge in global prices of crude oil for the latest domestic petrol hike.
Nigerians have expressed their dissatisfaction with the development.
Meanwhile, on Wednesday morning, Brent crude dropped to $79 per barrel from above $81 last week.
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