UPDATE: NNPCL SELLS PETROL At N1,025 PER LITRE IN LAGOS
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Barely three weeks after jerking up the price per litre of petrol, retail outlets owned by the Nigerian National Petroleum Company Limited (NNPCL) adjusted the pump price of the commodity on Tuesday in Lagos from N998 to N1, 025.
It was observed in Lagos, that many NNPCL outlets sold a litre of the essential commodity for N1,025, from the N998 it was sold between October 9 and October 28, about N28 higher.
Some NNPCL outlets in Lagos was visited and observed that most of the filling stations in town weren’t selling fuel as they claimed they didn’t have stock.
A few NNPCL outlets that sold the premium commodity sold it at N1,025 while others owned by independent marketers sold a litre of petrol as high as N1,100.
The fresh increase followed the October 9, 2024 hike, from N855 to N998. Also, on September 2, 2024, the retail company hiked the price per litre of petrol from N568 to N855, sparking outrage.
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