NNPC hikes petrol pump price

The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of petrol at its retail stations.

The price has been increased to ₦955 per litre in Abuja and surrounding areas, a ₦65 increase from the previous price of ₦890 per litre.

A price survey revealed variations in prices across different NNPCL outlets in Abuja, with some stations selling fuel at ₦850, ₦920, and others at ₦955.

NNPCL has not released any statement on the increment as of the time of filing the report.

The decision follows an upward review of the ex-depot petrol price by Dangote Refinery to ₦858 per litre, up from ₦820.

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