Two days after it cried out that the burden of petrol price
has pushed it into over $6 billion debt, the Nigerian National Petroleum
Corporation, NNPC, Limited, on Tuesday morning, increased its pump price of
fuel from N617 per litre to N897 per litre.
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to ease Nigeria’s fuel crisis
This is an increase of over 45 percent.
Checks at NNPC Retail stations in Abuja reflected the new fuel price.
When contacted, the company’s Chief
Communications Officer, Mr Olufemi Soneye, said he was not aware of any price
increase.
“I’m not aware of this. Thank you for reaching out. I have
no comment on the matter at this time.
“If there are any updates, I will make sure to inform you. I
appreciate your understanding,” he responded via WhatsApp.
An unconfirmed trending message on social media platforms
had earlier hinted at the new fuel price.
The message read: “Good morning all. This is to inform you
that NNPC Retail Management has approved an upward review of PMS pump price
from N617/litre to N897/litre effective today, 3rd September 2024.
“Please, ensure all your pumps and totems (price boards)/MIDs
reflect the new PMS price of N897/liter. Thank you.”
Our reporter captured the new pump price, which has already gone viral on social media.
While commuting to work this morning, our reporter also observed a large number of people at bus stops trying to catch vehicles for their daily routine.
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