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    HomeEconomyAgain, NNPCL increases petrol price to 1,030/Liter

    Again, NNPCL increases petrol price to 1,030/Liter

    Again, NNPCL increases petrol price to 1,030/Liter

    The Nigerian National Petroleum Company Limited has increased the price of Premium Motor Spirit, otherwise known as petrol, from N855 per litre to N998 per litre.

    It was noted that this upward review  represents 12.7% or N113 increase from the initial price.

    Earlier yesterday, Public Pulse reports that Nigerians should expect increase in fuel price as the NNPCL ends middleman role with Dangote Refinery.

    This newspaper gathered that this increase in the price of petrol, which came on Wednesday, was noticed at the pumps at all NNPCL depots in Lagos State.

    Recall that the national oil company had on September 3, 2024 raised the price of petrol from N568, which was the lowest in Lagos, and N617 in some other parts of the country, to a minimum of N855, obtainable in Lagos.

     

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