NNPC Increases Fuel Price by N50 in Lagos Following Dangote Refinery Increase

By Elegbede Abiodun

The Nigerian National Petroleum Company, NNPC, has raised the petrol price to N835 per litre in Lagos, and N839 per litre in Abuja.

On Wednesday, the national oil company made the price increments across retail outlets in both cities.

NNPC adjusted the price of the product by N50 from N785 per litre in Lagos and by N20 from N815 in Abuja.

This development had come a day after the Dangote refinery increased the ex-gantry price of its petrol to N799 per litre.

The refinery said MRS retail outlets will now sell the product at N839 per litre, up from N739 per litre.