The price of Petrol has increased to about N617 per litre, Daily Trust reports.
According to the newspaper, a visit to an NNPC filling station in the Central area of Abuja confirmed that the fuel price has now been adjusted from N539 to N617 per litre.
Another customer who confirmed this development to Daily Trust simply said “It is true, I just bought at N617 per liter.”
In Lagos, a litre of fuel at NNPC Lagos is N568 this morning.
The immediate reason could not be ascertained but it is not unconnected to the recent projections by oil marketers that fuel price will hit N700 per litre soon due to the depreciation of Naira against dollar.
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NDMPRA) is yet to comment to Daily Trust enquiry as at the time of filling this report.
