Nigerian National Petroleum Company Limited (NNPCL) and other filling stations have raised the pump price of Premium Motor Spirit (PMS). A correspondent who checked several NNPCL outlets in Abuja on Tuesday found that petrol has been hiked to about N960 per litre, up from N875 per litre on Monday, meaning the state‑owned company increased its pump price by roughly N85 per litre.
The new price has been implemented in NNPCL filling stations on Kubwa Expressway, in Gwarimpa, in Wuse Zone 6, in Zone 4, and in other outlets.
Similarly, Empire and Ranoil Sharon have increased their fuel pump price to between N980 and N960 per liter.
While MRS filling station along Kubwa Expressway is yet to commence fuel dispensing as of filing this report, a manager at one of its outlets in Abuja, who preferred anonymity, told their price would be reviewed up due to a gantry price hike by Dangote Refinery on Monday.
It was earlier reported that Nigerians would have to pay more for fuel after Dangote Refinery’s hiked its gantry price over increase in global oil price, due to hostilities in the Middle East.
Both the Independent Petroleum Marketers Association of Nigeria and the Petroleum Products Retail Outlets Owners Association of Nigeria had confirmed that fuel prices would go up from Tuesday.
Recall that Dangote Refinery increased its gantry petrol price to N874 per liter on Monday.
