Abuja filling stations increase petrol pump prices
Many filling stations across the Federal Capital Territory (FCT) have increased the pump price of Premium Motor Spirit (PMS), popularly known as petrol. The development came in spite of a decline in international crude oil prices from 92 dollars barrel to 87.31 dollars per barrel. Brent crude stood at 88.10 dollars per barrel, down 0.47 […]
Filling stations in Abuja have raised petrol prices despite a drop in international oil prices. Dangote Refinery raised its gantry price, which led to an increase in petrol pump prices across the Federal Capital Territory (FCT). Several filling stations, including AY Shafa, Optima, and NNPC, adjusted their prices upward, causing motorists to pay more for the product.
An economist warned of the financial strain on citizens due to the rising fuel costs and urged the government to stabilize prices. Marketing associations stated that they raised prices in response to Dangote Refinery's adjustments, and the frequent price changes are creating uncertainty for both marketers and consumers.
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