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The Nigerian National Petroleum Company Limited (NNPCL) has again increased the pump price of Premium Motor Spirit (PMS) across its retail outlets nationwide, marking the second upward adjustment in just four days.
According to The Daily Post, on Friday, it was revealed that NNPCL stations in Kubwa, Lugbe Expressway, Wuse Zone 4, and Wuse Zone 5 in Abuja now sell petrol at ₦945 per litre. The exact price was recorded in NNPCL outlets in parts of Nasarawa and Kogi states.
Confirming the hike, the National Chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, said the new price took effect on Friday morning.
“The latest increase in NNPCL petrol pump was implemented this morning. I cannot tell the reason,” Maigandi stated.
The adjustment comes barely two days after NNPCL reduced its pump price to ₦900 per litre, down from ₦955 traded on Monday, August 4.
Naija News reports that the frequent changes follow the Dangote Refinery’s decision to raise its ex-depot price from ₦820 to ₦850 per litre.
As of Friday evening, MRS and Bovas filling stations were dispensing petrol at ₦885 and ₦895 per litre respectively. Other outlets such as Optima, Ranoil, AA Rano, and NIPCO sold between ₦950 and ₦955 per litre.
The post NNPCL Raises Petrol Price To ₦945 Per Litre appeared first on Naija News.
