BREAKING: NNPCL increases petrol price amid disputed fuel discount

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The Nigerian National Petroleum Company Limited, NNPCL, has accrued its premium centrifugal spirit, PMS, pump terms pursuing the announcement of a discounted substance price.

Checks by DAILY POST connected Friday showed that NNPCL accrued its petrol terms to N1,405 per litre from N1,370 per litre.

Several substance pump attendants, who spoke to DAILY POST connected information of anonymity, said the latest terms summation was announced connected Thursday but implemented connected Friday.

This means that NNPCL’s petrol terms accrued by N35 per litre, though the state-owned lipid institution has not explained the crushed for the adjustment.

Recall that connected Monday, NNPCL reverted to N1,370 per litre aft a crisp summation to N1,405 per litre.

The latest improvement means that petrol prices astatine the company’s filling stations person risen again contempt the contention surrounding the announced substance discount.

On Thursday, the Minister of Finance, Taiwo Oyedele, announced a projected fixed petrol gantry terms of N1,375 per litre up of the January 16, 2027, statesmanlike election.