NNPCL filling stations just increased official pump price of petrol again; this time from N885 To N998
Fuel queues returned early this morning in parts of Lagos, as many filling stations suddenly stopped selling PMS.
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It would be recalled that upon the commencement of its lifting petrol from the Dangote refinery on September 15, the NNPCL had released a new price template for petrol which put petrol price in Lagos at N950.22 per liter.
It was gathered that at 7: 30, Wednesday October 9, NNPCL stations in Lagos changed their electronic public display of pump prices(which initially read N885) to the new pump price of N998. This leaves other independent Marketers in Lagos with the option of selling at above N1000.
Already, Marketers of PMS in other parts of the country are already poised for the latest hike, with the product selling for as high as between N1200 and N1300 (even N1500 in some far-flung places in Southeast, South-South and Northern Nigeria).
Recall that Dangote had said that Federal Government through the NNPCL would determine the actual pump price of petrol he sells.