The Nigerian National Petroleum Company Limited (NNPCL) and several filling stations have increased the pump price of Premium Motor Spirit (PMS) again, marking the second rise in less than 24 hours after the Dangote Refinery raised its gantry price.
The adjustment happened on Sunday when the state-owned oil company changed its petrol price from N967 per litre to N1,082 per litre in Abuja and nearby areas.
The new rate represents an increase of N115 per litre at NNPCL retail outlets.
Earlier before this latest change, the company had already moved its pump price from N960 per litre to N967 per litre.
With the two changes, petrol sold by NNPCL has gone up by N207 within less than one week.
Checks at several NNPCL stations showed that the new price has already taken effect.
The change was seen at outlets located along Kubwa Expressway, Gwarimpa, Wuse Zone 6, Zone 4 and Lifecamp in the Federal Capital Territory.
Other filling stations have also adjusted their prices more than once during the same period.
Stations operated by MRS, AA Rano Ranoil and Empire Energy now sell petrol between N1,092 and N1,150 per litre. Before the new adjustments, many of these stations were selling petrol between N960 and N980 per litre.
