Admin
Major filling stations across Nigeria have increased the pump price of premium motor spirit, popularly called petrol.
Naija News reports that this is coming after the upwards adjustment of ex-depot prices by Dangote Refinery and depot owners.
It was gathered that Empire Energy and Ranoil filling stations in Abuja increased their pump price to ₦935 and ₦970 per litre, respectively, as of Saturday morning from ₦905 and ₦900 on Friday night.
Speaking to Daily Post, spokesman of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike said the latest petrol price hike was due to an ex-depot price increase by Dangote Refinery and depot owners in Nigeria.
Ukadike said: “The supplying depots and Dangote Refinery have increased their ex-depot petrol prices.
“As of Friday pricing, Dangote Refinery’s ex-depot price is ₦858 per litre, up from ₦820. Depot owners also increased prices like NIPCO (₦870), Aiteo (₦855) and Ranoil (₦855).”
According to him, the increase in ex-depot price is due to the exchange rate and the price of crude oil in the global oil market.
Meanwhile, Nigerian National Petroleum Company and MRS, Optima, and AP Ardova filling stations still dispense petrol at ₦890 and ₦885 per litre, respectively, in Abuja as of the time of filing this report.
The post Again, Petrol Stations Increase Fuel Prices appeared first on Naija News.
