NNPC increases pump price of petrol, again

The Nigerian National Petroleum Company Limited (NNPC) has increased the price of Premium Motor Spirit (PMS), otherwise known as petrol, from N855 per litre to N998 per litre.

The increase in the price of petrol, which came on Wednesday, was noticed at the pumps at all NNPCL depots in Lagos State.

The new development is a 12.7 percent or N113 increase from the initial price.

The increase in the price of petrol, which came on Wednesday, was noticed at the pumps at all NNPCL depots in Lagos State

The new price has been reflected in Abuja as some petrol stations monitored by our correspondent show that the selling price this morning was between N1,025 and N1,030