NNPC Approves N179 Per Litre Pump Price

NNPC Approves N179 Per Litre Pump Price

The Nigerian National Petroleum Company (NNPC) Limited has approved a new pump price after weeks of promises that it will retain N165. RipplesNigeria reports.

NNPC, in a notice to fuel marketers, directed them to change the petrol price on pumps to N179 per litre from N165 per litre effective today (Tuesday). InformationGuideNigeria

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This was even as the company equally increased the ex-depot price from N148.17 to N167 per litre.jambresults

The new pump price is coming after weeks of petrol scarcity resurfaced across the country as fuel retailers were adopting different price bands to force unofficial deregulation attempts.

Already, the majority of filling stations in Lagos have adopted different price models.

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