NNPC Increases Petrol Price In Lagos

NNPC, Nigerian National Petroleum Corporation, has increased the petrol price to N992 per liter from N865 per liter.

No official reason has been given for the increment as of the time of filing this report.

Across NNPC retail outlets visited by The Nation, attendants were seen adjusting their pumps to reflect the new price.

At the NNPC filling station on Ogunusi Road, Ojodu Berger, petrol attendants at the station said they were instructed to change the price to reflect the new rate of N992 per liter.

However, checks at Ibafo along the Lagos /Ibadan expressway showed that NNPC outlets still displayed the old price of N875 per litre, although they were not selling to commuters.

Most of the NNPC stations were not dispensing fuel.

In Abuja, the product sells for N955 per litre at the NNPC outlet in the Federal Housing Authority, Kubwa, while another station along Komolafe Road, Lugbe, increased the commodity to N955 per litre.

Recall that the adjustment marks a reversal of the price reduction implemented on August 15, when NNPC lowered petrol prices to N865 per litre in Lagos and N890 per litre in Abuja.