The Nigerian National Petroleum Company (NNPC) limited has approved an upward review in the pump price of Premium Motor Spirit(PMS), popularly known as petrol from N165 per litre to N179 per litre, effective today (Tuesday).
NNPC in a noticed directed marketers of petrol to change their fuel price from today. As the company also increased their official price from N148.17 to N167 per liter.
Lately the scarcity of petrol in the country has resulted in the adoption of different petrol price by retailers.
In an earlier report by Inlandtown, commuter have complained of paying different outrageous amounts to purchase PMS.
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Some filling stations have changed the price on their meter to reflect the current price they are selling at, others have left their to show the approve fuel price of N165 per liter while selling to customers at a different price.
According to reports, the Mobil filling station on Agidingbi sold a litre of petrol at N170 per litre on Friday and that was evidently displayed on their meters.
This was also the same at Enyo filling station at Chisco bus stop, in Lekki, which now sells for N170 per litre, Eterna filling station at Jankade bus stop, Lekki sells at N180 per litre and Mobil Filing station, by Osapa London, Lekki now selling at N170 per litre.
According to the statement, the upward review is to ameliorate the constraints associated with the supply of petrol nationwide.