Why NNPCL Increased Fuel Pump Prices Again – Petroleum Marketers …C0NTINUE READING HERE >>>
Petroleum marketers have confirmed that the recent fuel price hike by the Nigerian National Petroleum Company Limited (NNPCL) is due to the complete removal of subsidies on Premium Motor Spirit (petrol).
As a result, NNPCL has raised the pump prices to ₦1,030 per litre in Abuja, the Federal Capital Territory, and ₦998 per litre in Lagos.
This clarification came from spokesperson for the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, during an interview with DAILY POST on Wednesday.
Ukadike’s comments were in response to the latest price adjustment at NNPC…
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