THE Nigerian National Petroleum Company Limited (NNPCL) announced on Wednesday, October 9, that it had increased the ex-depot prices for Premium Motor Spirit (PMS), better known as fuel for marketers.
NNPCL Retail Limited communicated this change through a price list, indicating that the ex-depot price in Calabar is now set at ₦1,050 per litre.
https://newsextra24.com/why-nnpcl-increased-fuel-pump-prices-again-petroleum-marketers/
According to the National Oil Company, the ex-depot price in Lagos is ₦1,010 per litre, while in Port Harcourt, it stands at ₦1,045. Additionally, the prices in Ogara, Koko, and Warri are all set at ₦1,040 per litre.
Newsextra24 reports that the latest development on Wednesday forced Nigerians to voice their concerns regarding the hike in fuel prices implemented by the NNPCL, arguing that it will exacerbate poverty levels among the populace.
A report emerged earlier that in Abuja, fuel previously priced at ₦897 is now being sold for ₦1,030.
https://newsextra24.com/petrol-price-hike-nlc-demands-immediate-reversal/
Similarly, in Lagos, fuel prices have risen from ₦885 per litre to ₦998 and, at some stations, over ₦1,000, resulting in long queues at filling stations.
In response, many Nigerians have turned to social media to express their opinions.
