BREAKING: NNPCL, other Nigerian filling stations increase fuel prices twice in 24 hours

The Nigerian National Petroleum Company Limited, NNPCL, and other filling stations have increased petrol pump prices twice within 24 hours.

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A DAILY POST correspondent who surveyed NNPCL fuel retail outlets on Thursday gathered that the pump price was adjusted to N875 per litre, up from the N839 price hike on Wednesday.

The adjusted fuel pump price has been implemented in NNPCL filling stations in Gwarimpa, Kubwa Express, Wuse Zones 6 and 4, and other parts of the nation’s capital.

A filling station attendant who preferred anonymity told DAILY POST that the latest pump price took effect on Thursday.

“We were told last night (Wednesday), but we started dispensing at N875 per litre on Thursday. Earlier, we sold at N839 per litre, up from N815,” she told DAILY POST.

This means that within 24 hours, the country’s state-owned firm has hiked the fuel price by N60 per litre.

NNPCL is not alone in the fuel price hike spree, as Ranoil, Empire Energy, and other filling stations within the nation’s capital have increased their fuel prices to between N899 and N900 per litre.

Meanwhile, MRS filling stations’ fuel price rose by N100 to N839 per litre.

One of the managers of an MRS filling station in Abuja confirmed to DAILY POST on Thursday that its retail price remains at N839.

The development comes days after Dangote Refinery and depot owners increased ex-depot prices to above N799 per litre.

The move has led to a significant increase in retail fuel prices nationwide.