The Nigerian National Petroleum Company Limited, NNPCL, has once again raised the price of premium motor spirit, popularly known as PMS, across its retail outlets nationwide. The last increase saw the pump price move from N855 per litre, set in September, to N998 per litre as of October 3.
In Lagos, at the NNPC outlet on Ago Palace Way, Okota, the cost has risen even further, now reaching N1,025 per litre. Meanwhile, in Abuja, residents are feeling an even sharper hike, with prices reported at N1,050 per litre at the NNPC station in Kubwa’s Federal Housing area.
Private operators, including Mobil, Rain Oil, and AA Rano, have adjusted their prices as well, with figures now ranging from N1,100 to N1,250 per litre.
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