NNPCL increases fuel price by N85/litre
The Nigerian National Petroleum Company Limited, NNPCL, has increased the pump price of Premium Motor Spirit, PMS, popularly known as petrol. A market survey by DAILY POST on Tuesday showed that the majority of NNPCL retail outlets in Abuja and its environs had increased their petrol pump price to between N1,395 and N1,430 per litre. […] The post NNPCL increases fuel price by N85/litre appeared…
The Nigerian National Petroleum Company Limited (NNPCL) has raised the price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N85 per litre. According to a DAILY POST market survey, most NNPCL retail outlets in Abuja and surrounding areas have raised their petrol prices to N1,395 to N1,430 per litre. This represents an increase of between N50 and N80 per litre.
The new prices have been applied at NNPCL stations in Airport Junction, Gwarinpa, Kubwa Expressway, Wuse Zone 4, and other areas within the nation's capital and its surrounding regions. This move follows Dangote Refinery's gantry price increase to N1,265 per litre. The fuel price revision comes as Brent and West Texas Intermediate crude oil prices have risen to $107 and $103 per barrel respectively, following recent strikes between Iran and the United States.
Written by urgent.news from The Chronicle Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.