By Ijiyode Oyin
Expert fuel supply Nigerians, especially motorists, woke up on Tuesday to discover that NNPC had increased the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦855 per litre from the previous ₦617 per litre.
This sudden price hike amaze many Nigerians, prompting them to flock to nearby NNPC retail outlets to refuel.
Other major marketers quickly changed their pump prices to reflect the new price.
Earlier, an unconfirmed statement from the company circulating on Tuesday read, “This is to inform you that NNPC Retail Management has approved an upward review of the PMS pump price from ₦617/litre to ₦897/litre, effective today, 3rd September 2024. Please ensure all your pumps and totems (price boards)/MIDs show the new PMS price of ₦897/litre.”
NNPC Spokesperson Mr Femi Soneye said he had no comment at that time but promised to provide updates if there were any.
Soneye’s replyed, “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.
As of the time of this report, Mobil Filling Station in Alausa Secretariat, Ikeja, had changed its pump price to ₦865 per litre, up from ₦680 on Monday. Long queues were observed at NNPC filling stations in Ikoyi, and at Mobil, Total, and MRS filling stations at Toll Gate, Ojota, and Alapere in Lagos, respectively. Traffic jams were reported on expressways, particularly near these filling stations, while Lagos roads appeared less congested overall
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