Retail outlets owned by the Nigerian National Petroleum Company Limited (NNPCL) on Wednesday adjusted the pump price of Premium Motor Spirit (PMS) otherwise known as petrol in Lagos and the Federal Capital Territory (FCT), Abuja.
With this latest development, NNPCL outlets in Lagos, now sell a litre of petrol for ₦998, as against the initial price of ₦855.
Also, in Abuja, the national oil company raised the pump price of the product to ₦1,030 from N897 in September.
Other petrol stations across the country have also adjusted their pump prices, with many selling as high as ₦1050, while some sell at slightly below N1000 a liter.
The NNPCL had in September increased the price per litre of petrol from ₦568 to ₦855.