petrol hike

BREAKING: NNPCL Increases Fuel Prices Again, Second Time In October

Oct 29, 2024. by Praise Ben

The Nigerian National Petroleum Company Limited (NNPCL) has, for the second time this month, increased the pump price of Premium Motor Spirit, otherwise known as petrol. The latest price hike is coming despite the ongoing economic challenges facing the nation. Reports indicate that residents of Lagos will now pay N1,025 per litre, while those in … Read more

Petrol Hits ₦1,000/Litre At Independent Stations, FG Threatens Closure

Aug 27, 2024. by Praise Ben

Independent oil marketers in Nigeria have raised the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to between ₦900 and ₦1,000 per litre. This sharp increase contrasts with the lower prices at Nigerian National Petroleum Company (NNPC) stations, where petrol is sold for ₦568 to ₦617 per litre, leading to long queues … Read more