NEW TELEGRAPH
In the wake of the subsidy removal on Petroleum Motor Spirit (PMS) otherwise known as petrol or fuel, the price of the product has, however, increased to about N617 per litre across filling stations.
A visit to the Nigerian National Petroleum Corporation (NNPC) filling station in the Central area of Abuja by Daily Trust confirmed that the fuel price has now been adjusted from N539 to N617 per litre.
Another Customer who confirmed this development simply said “It is true, I just bought at N617 per litre,”
The immediate reason could not be ascertained as of the time of filling this report but it is not unconnected to the recent projections by oil marketers that fuel prices will hit N700 per litre soon.
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NDMPRA) is yet to comment on the enquiry.
Details later…..
THIS STORY FIRST APPEARED IN NEW TELEGRAPH
