NNPC Increases Fuel Price After Dangote Refinery Increased Price

NNPC has increased its fuel prices after Dangote Refinery increased its prices.

NewsRain Nigeria reports that NNPC, the Nigerian National Petroleum Company, has increased petrol price to N835 per litre in Lagos, and N839 per litre in Abuja.

On Wednesday,  the national oil company made the price adjustment across retail outlets in both cities.

READ ALSO: Dangote Refinery Increases Fuel Price 

NNPC increased the price of the product by N50 from N785 per litre in Lagos and by N20 from N815 in Abuja.

The development comes a day after the Dangote refinery increased the ex-gantry price of its petrol to N799 per litre.

The refinery said MRS retail outlets will now sell the product at N839 per litre — up from N739 per litre.