NNPCL Increases Fuel Price to N1,025
By Juliet Vincent
The Nigerian National Petroleum Company Limited (NNPCL) has again increased the price of Premium Motor Spirit (PMS), commonly known as petrol, to N1,025 per litre from N998 per litre in Lagos and surrounding areas.
The increase makes it third price change in September and October 2024.
With the hike, people in Abuja and Lagos now buying petrol for N1,060 and N1,025 per litre respectively.
NNPC hiked fuel price to about N1,030 per litre in Abuja and N998 in Lagos three weeks ago.
This increment comes barely one week after President Bola Tinubu said administration has provided Nigerians with a workable solution to the hike in the fuel prices as motorists can buy petrol at N1,000 per litre or equivalent gas per Standard Cubic Meter at N200.
