NewsOnline Nigeria reports that the Nigerian National Petroleum Corporation (NNPC) Limited, on Tuesday morning, increased its pump price of fuel from N617 per litre to N897 per litre.
This development comes barely two days after it cried out that the burden of petrol price has pushed it into over $6 billion debt.
This is an increase of over 45 percent.
Checks at NNPC Retail stations in Abuja reflected the new fuel price.
Some filling stations in Kano are selling for N904 and other places, N1200 per litre.
The company’s Chief Communications Officer, Mr Olufemi Soneye, said he was not aware of any price increase.
“I’m not aware of this. Thank you for reaching out. I have no comment on the matter at this time.
“If there are any updates, I will make sure to inform you. I appreciate your understanding,” he responded via WhatsApp.
An unconfirmed trending message on social media platforms had earlier hinted at the new fuel price.
The message read: “Good morning all. This is to inform you that NNPC Retail Management has approved an upward review of PMS pump price from N617/litre to N897/litre effective today, 3rd September 2024.
“Please, ensure all your pumps and totems (price boards)/MIDs reflect the new PMS price of N897/liter. Thank you.”
FG has announced a fresh increase in petrol price in Nigeria. NewsOnline Nigeria reports…
Former Minister of Interior, Aregbesola has been suspended from APC. NewsOnline Nigeria reports that…
Top APC Executive Member, Isaiah Edegbo is dead. NewsOnline Nigeria reports that the Deputy Director…
Governor Sanwo-Olu has dragged EFCC to court over threats to arrest him upon tenure completion.…
Northern Governors have rejected President Tinubu’s Tax Reform Bill. NewsOnline Nigeria reports that Northern…
Nigerians have asked President Tinubu to sack Power Minister, Adelabu over blackout in Northern States.…