July 18, (THEWILL) – The Nigerian National Petroleum Company Limited (NNPCL), has further jerked up pump prices of Premium Motor Spirit (PMS), from 537 to 617 naira Per Litre.
THEWILL reports that NNPC filling stations in Abuja have adjusted their fuel pumps to reflect the new price of N617.
A Customer who confirmed the development said. “It is true, I just bought at N617 per litre.”
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NDMPRA), is yet to comment to Daily Trust enquiry as at the time of filing this report.
The NNPC had on May 31, increased the fuel price from N195 per litre to 537 per litre. The development was occasioned by President Bola Tinubu’s inaugural speech, where he said fuel subsidies would be removed.
