BREAKING: Pres. Tinubu increases petrol pump price to N855 per litre
President Bola Tinubu’s administration appears to have upped the petrol price from N650 to N855, according to pump price displays on Tuesday on fuel dispensers at the government NNPC stations
Amid a lingering fuel scarcity and crisis, petrol prices on dispensing machines of government-backed NNPCL stations in Lagos and Abuja on Tuesday showed N855 per litre, cementing claims that the price has been reviewed upward to reflect the nation’s current foreign exchange woes and fuel landing cost hassles.
Other filling stations adjusted their price to N897 per litre on Tuesday morning.
Femi Soneye, the NNPCL spokesperson said: “I’m not aware. But I’ll find out.”
Fuel prices have dwindled between N580 per litre to N700 per litre since Mr Tinubu became president and announced the removal of fuel subsidies in 2023.