The Nigerian National Petroleum Company (NNPC) Limited has increased petrol price at its retail outlets to N933 per litre in Lagos and N960 per litre in Abuja.
The national oil company increased the product’s price by N103 from N830 in Lagos, and by N85 from N875 per litre in Abuja.
According to TheCable, the NNPC increased the price at its retail outlets in Apple Junction and along Ago Palace Way in Lagos.
In Abuja, the product was also sold at a new rate of N960 per litre at NNPC retail stations along Airport Road in Lugbe.
On March 2, the Dangote Petroleum Refinery increased its ex-gantry petrol price to N874 per litre, from N774 per litre.
The pump price hike comes amid the ongoing geopolitical tensions in the Middle East, which have triggered significant shifts in global crude oil prices.
The pump price hike comes amid the ongoing geopolitical tensions in the Middle East, which have triggered significant shifts in global crude oil prices.
