Nigerian Petroleum Company, NNPCL Confirms Releasing Outrageous Fuel Prices, Calls For ‘Understanding’ From Citizens | Sahara Reporters

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Nigerian Petroleum Company, NNPCL Confirms Releasing Outrageous Fuel Prices, Calls For ‘Understanding’ From CitizensIn a statement issued on Wednesday and signed by its Chief Corporate Communications

Officer, Garba Deen Muhammad, the national oil company explained that the adjusted pump price was in line with “current market realities”.The Nigerian National Petrol Company Limited has confirmed it adjusted pump prices of Premium Motor Spirit known better as petrol across the country.

According to the released price list, the new pump price for fuel, also known as premium motor spirit , ranges from N488 in Lagos State to N557 per litre in Yobe and Borno states, while it is N537 in Abuja. There have been agitations across the country over the immediate announcement of the fuel subsidy removal by President Tinubu with the immediate geometric price hike of the product after the announcement.

 

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