Fuel Price Climbs To N617 Per Litre
1 min read
The pump price of Premium Motor Spirit, popularly called petrol, was raised from N537/litre to N617/litre at some filling stations operated by the Nigerian National Petroleum Company Limited in Abuja on Tuesday.
Independent oil marketers confirmed the increase in the cost of the commodity, as they stated that any shift in price by NNPCL stations was an indication of a rise in the pump price of PMS.
Recall that President Bola Tinubu had during his inaugural address on May 29, announced that subsidy on petrol had ended, a development that led to the jump in the price of the commodity from N198/litre to over N500/litre on May 30, 2023.
A visit to an NNPC filling station in the Central area of Abuja by this reporter 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.
About The Author
