NNPC confirms petrol price hike…
Written by City Radio on June 1, 2023
The Nigerian National Petrol Company Limited has confirmed it adjusted pump prices of Premium Motor Spirit known better as petrol across the country.
In 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”.
A document that allegedly emanated from the NNPC showed the latest cost of PMS in various states and the Federal Capital Territory.
Figures in the document indicated that while the cost of petrol in Borno State was put at N557 per litre, the prices in Lagos, Abuja, Enugu and Ekiti were outlined as N488 per litre, N537 per litre, N520 per litre, and N500 per litre respectively.
But confirming the price hike, the NNPC said it adjusted the pump prices of PMS across its retail outlets in line with current market realities.
CityRadio 89.7FM