Just two days after announcing that the rising cost of petrol has pushed it into over $6 billion in debt, the Nigerian National Petroleum Corporation (NNPC) Limited increased its fuel pump price from N617 per litre to N897 per litre on Tuesday morning.
This marks an increase of over 45 percent.
Checks at NNPC Retail stations in Abuja confirmed the new fuel price.
When contacted for comment, the company’s Chief Communications Officer, Mr. Olufemi Soneye, stated that he was unaware of any price increase.
“I’m not aware of this. Thank you for reaching out. I have no comment on the matter at this time. If there are any updates, I will make sure to inform you. I appreciate your understanding,” he responded via WhatsApp.
An unverified message trending on social media earlier hinted at the new fuel price.
The message read: “Good morning all. This is to inform you that NNPC Retail Management has approved an upward review of PMS pump price from N617/litre to N897/litre effective today, 3rd September 2024.
“Please ensure all your pumps and totems (price boards)/MIDs reflect the new PMS price of N897/lit. Thank you.”
