Nigerians fear that the Federal Government might have jerked up the price of premium motor spirit, also known as petrol, as Nigerian National Petroleum Company Limited fuel stations in Abuja sell a litre for N1,030.
According to respondents, transportation costs are set to skyrocket in the Federal Capital Territory following the hike in the price of petrol by some NNPCL fuel stations in Abuja on Wednesday [today].
The stations of the national oil company have raised the retail price of petrol to N1,030, up from N897 per litre across multiple NNPCL stations in the FCT.
The new price, the second increase in one month, represents a 14.8 per cent or N133 rise.
At the NNPCL mega station located in Central Area, a customer said the product was sold at N1,030.
The station did not display its prices on either the signboard or the pump meter, leaving customers unaware of the cost of fuel. Instead, the only information they received was through verbal communication from the fuel attendants.
“I am very angry right now. I entered this station thinking their price would be better. It was only after I had wasted time in the queue that I was informed by the fuel attendant that the price had risen to N1,030,” said the customer, who did not give his name.
However, independent marketers’ stations, including Conoil and TotalEnergies opposite the NNPCL headquarters showed the product was sold at N926, albeit with long queues.
