Nigerian National Petroleum Company Limited, on Friday, increased the pump price of Premium Motor Spirit across its retail outlets in the country for the second time within four days.
Already, NNPCL filling stations in Abuja have increased their petrol price to N945 per litre, particularly in retail outlets in Kubwa, Lugbe Expressway, Wuse Zone 4 and Wuse Zone 5.
Similar hike of fuel pump price of N945 per litre is reflected in NNPCL filling stations in parts of Nassarawa and Kogi states.
National Chairman of Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, has confirmed the fresh fuel price hike.
“The latest increase in NNPCL petrol pump was implemented this morning. I cannot tell the reason,” he said.
The latest increment of petrol pump in NNPCL retail outlets comes after it had a reduction in price barely two days ago to N900 per litre, down from N955 traded on Monday, 4th August.
The fluctuations in NNPCL retail fuel price come after Dangote Refinery increased its ex-depot price of the product to N850 per litre from N820.
Meanwhile, MRS and Bova filling stations dispense fuel at N885 and N895 per litre, respectively, while Optima, Ranoil, AA Rano, NIPCO, and other filling stations in Abuja sell the product between N950 and N955 per litre as of Friday evening.
