Nigeria’s fuel prices have risen for the second time this week, as the Nigerian National Petroleum Company Limited (NNPCL) and other filling stations increased the cost of Premium Motor Spirit (petrol). On Monday, NNPCL retail outlets in Abuja lifted their petrol price to ₦955 per litre, up from ₦905—a ₦50 (5.5%) increase. The hike was observed at NNPCL stations in several Abuja locations, including Gwarimpa, Kubwa Expressway, and Wuse Zones 4 and 6.
Billy Gillis‑Harry, National President of the Petroleum Products Retail Outlets Owners Association of Nigeria, confirmed the price rise at NNPCL stations but did not give a reason for the change. Other Abuja filling stations, such as Ranoil, AA Rano and Mobil, have also raised their pump prices to between ₦920 and ₦930 per litre. In contrast, MRS stations were dispensing petrol at ₦851 per litre in parts of Abuja as of Saturday. Retail outlets that rely on the Dangote Refinery fuel distribution scheme have been without petrol since Sunday.
This is the second price increase by NNPCL in a week; the company had previously raised the price to ₦905 per litre only a few days earlier. The frequent hikes could have significant implications for consumers and the broader economy. Stakeholders and industry experts are likely to watch the situation closely, seeking clarification on the reasons behind the increases. In the meantime, motorists in Abuja and elsewhere in the country must contend with the new prices.
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