October 9, 2024
Nigerians should braze up for more hardship in the cost of living and doing business as the Nigerian National Petroleum Company Limited has raised its pump price of petrol in Abuja by 14.8 per cent from N897 to N1,030 per litre
The latest price increase makes it the second time the petrol price has been hiked in the past month.
The company had in September increased pump price from N615 per litre to N897.
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A visited to NNPC Retail mega station in Abuja where the price increase has been effected, shocked motorists lamented the continuing hardship in the country.
Meanwhile the price has also increased from N855 per litre to N998 per litre across its retail outlets in Lagos.
This represents a 12.7 percent or N113 per liter increase from the price it sold as at yesterday.
The price increase kicked in early this morning, catching motorists off guards thereby sending shock down their spine.
