Tag: Petrol price

‘N950/Litre In Abuja, N925/Litre In Lagos,’ NNPC Unveils Petrol New Prices

Abibat Babalola

The Nigerian National Petroleum Company (NNPC) Limited has increased the price of premium motor spirit, also known as petrol, to N950 per litre in Abuja. Platforms Africa reports that the national oil firm raised the price of the product from the previous price of N880 per litre. At the NNPC retail outlet in Federal Housing, Kubwa, Salient Times observed that the price of the product rose by N70. In Lagos, the price of the product increased to N925 per litre — from N860 — at the Ago Palace Way and…

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Petrol Price Hits N1,000/Litre As Scarcity Worsens In Lagos, Abuja

Aliyu Aliyu

‘Here’s the reason for tightness in fuel supply and distribution witnessed in some parts of Lagos and the FCT;’ NNPCL gives update as black marketers return, smile to the banks   The Nigerian National Petroleum Company Limited (NNPCL) has assured Nigerians of its moves to restore normalcy on fuel scarcity in Lagos and Abuja as a litre of the product now sells for N1,000 in Lagos and parts of Ogun State. Platforms Africa reports that the NNPCL, which in a statement, confirmed knowledge of the crisis, gave reason for the…

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