Report: Petrol prices increase above N700, NNPC speaks to Nigerians

Report: Petrol prices increase above N700, NNPC speaks to Nigerians

LEGIT NG

Some filling stations have adjusted the pump prices of Premium Motor Spirit, popularly called petrol, adding to the burden of already stretched Nigerians.

Reports from Dailytrust said independent marketers in Sokoto and Borno are now asking motorists to pay over N700 per litre.

A motorist in Borno interviewed said:

“And for those fuel stations where a litre cost N700, they do tamper the reading of the dispensing machine. After everything you will realise that the fuel cost is above N750 sometimes.”

While in Sokoto, it sells between N690 and N700 in some filling stations.

The petrol price reported in Kano was between N620 and N690/l depending on the filling station, while NNPC filling stations were selling at N620/l.

However, checks by Legit.ng at some filling stations in Lagos show that one litre of petrol is being sold between N620 and N640.

NNPC says no increase

The rise in petrol prices comes a few days after NNPC Ltd, in a message last week, urged Nigerians to disregard unfounded rumours and assured that there were no plans for an upward review of PMS prices.

The message reads:

“The Nigerian National Petroleum Company (NNPC) Ltd. assures the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.

Report

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