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President Bola Tinubu’s administration has raised petrol pump prices once more, with the increase implemented by the Nigerian National Petroleum Company Limited (NNPCL).....Read Full Article>>
This adjustment sets the new price at N1,025 per litre in Lagos and N1,060 per litre in Abuja. Previously, in October, NNPCL stations had set petrol prices at N1,030 in Abuja and N998 in Lagos, while other stations charged between N1,150 and N1,200 per litre.
The updated prices were displayed at NNPCL stations in both cities on Tuesday morning.
Since President Tinubu assumed office on May 29, 2023, and eliminated the fuel subsidy, petrol prices have surged from N145 per litre to over N1,000.
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