By Emeka Ugwuanyi
The Nigerian National Petroleum Company Limited (NNPCL) has jerked up pump prices of petrol (PMS) by over 200 per cent bringing the price of fuel to between N488 and N557 per litre, The Business Intelligence Africa (TBI Africa) has gathered.
The NNPCL management sent out the new price template to oil marketers yesterday and directed that the new price adjustment come into effect from today (Wednesday), it was learnt.
From the new price template, Lagos State has the least price of N488 per litre while Maiduguri and Damaturu have the highest pump prices of N577 per litre.
Further details coming, stay tuned.
