BREAKING: NNPCL increases fuel price by N85/litre

The Nigerian National Petroleum Company Limited, NNPCL, has accrued the pump terms of Premium Motor Spirit, PMS, popularly known arsenic petrol.

A marketplace survey by DAILY POST connected Tuesday showed that the bulk of NNPCL retail outlets successful Abuja and its environs had accrued their petrol pump terms to betwixt N1,395 and N1,430 per litre.

This means that the state-owned lipid steadfast adjusted its petrol terms upward by betwixt N50 and N80 per litre.

DAILY POST reports that the caller prices person been implemented astatine NNPCL outlets successful Airport Junction, Gwarinpa, Kubwa Expressway, Wuse Zone 4 and different parts of the nation’s superior and its environs.

This comes arsenic MRS filling stations raised their petrol pump terms to N1,395 per litre pursuing Dangote Refinery’s gantry terms summation to N1,265 per litre.

The upward substance terms reappraisal comes arsenic Brent and West Texas Intermediate, WTI, crude prices roseate to $107 and $103 per barrel, respectively, aft Iran and the United States’ strikes took a devastating crook past week.

Recall that Iran struck Saudi Arabia’s East-West pipeline.

BREAKING: NNPCL increases substance terms by N85/litre