Just In: NNPCL raises petrol price to N960 per litre in Lagos

Petrol-subsidy

The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of premium motor spirit (PMS), commonly known as petrol, in Lagos and surrounding areas.

Just last month, on December 23, 2024, the national oil company had reduced the retail price of petrol at its outlets from N1,025 to N925 per litre.

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However, as of Tuesday, NNPC retail outlets in Lagos were selling petrol at a new price of N960 per litre, marking a N35 increase.

This price hike may impact consumers and businesses relying on petrol for transportation and operations.

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