Official Fuel Pump Price Now N537 Per Litre

By Glam & Essence


The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump prices of petrol, also known as Premium Motor Spirit (PMS) from N195 per litre to 537 per litre.
According to a new price template announced by NNPLC on Wednesday, Lagos State has the least price of N488 per litre, while Maiduguri and Damaturu have the highest pump prices of N577 per litre.
Already, many filling stations in Abuja, have adjusted to the new pump price, as well as several States across Nigeria
The price adjustment is over 200 per cent increase, a move many fear would drastically affect the current prices of goods and services would drastically increase causing hardship for the common man.
The price change followed the announcement by President Bola Ahmed Tinubu during his inaugural speech two days ago, that fuel subsidy would be removed.




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