The Nigerian National Petroleum Company Limited, NNPCL, has increased its Premium Motor Spirit, PMS, pump price despite Dangote Refinery’s free petrol delivery initiative and falling crude oil prices.
A market survey by DAILY POST on Tuesday, an Eid-ul-Mawlid public holiday, showed that NNPCL retail outlets in Abuja and its environs had raised their petrol pump price to N1,270 per litre, up from N1,250.
This means that the state-owned filling stations have adjusted their petrol pump price by N20 per litre.
NNPCL’s fuel price hike comes despite Dangote Refinery’s expansion of its free petrol delivery initiative to 10 destinations in Nigeria, including Abuja, at N1,185 per litre.
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