JUST IN: NNPCL allegedly increase fuel price to N1,030 per liter
The Nigerian National Petroleum Company Limited, has again allegedly increased the pump price of the Petroleum Motor Spirit, PMS, also known as petrol, to N1,030 per liter.
According to Premium Times, the development was observed at NNPCL outlets in Abuja on Wednesday after the recent development when NNPCL decided to terminate its exclusive purchase agreement with Dangote Refinery.
This means the NNPC will no longer be the sole off-taker, and marketers can now negotiate prices directly with Dangote Refinery.
Details later…
