The Nigerian National Petroleum Company (NNPC) Limited yesterday increased the pump price of Premium Motor Spirit (PMS) at its filling stations to N194 per litre from N179 per litre.
This came after weeks of petrol scarcity resurfaced across the country as long fuel queues erupted at many filling stations.
Though no official notice was seen, LEADERSHIP checks reveal that NNPC filling stations across Abuja metropolitan had changed their price boards to reflect N194 per litre.
However, in Lagos, NNPC filling stations visited displayed N184 per litre for PMS.
When contacted, the group corporate communications officer of the NNPCL, Mallam GarbaDeen Muhammad said the firm does not determine the pump price of PMS.
“Kindly find out from the NMDPRA what the approved pump price is. That should answer your question. NNPC Ltd does not determine the pump price of PMS,” he said.
However, the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) the agency responsible for regulating activities in the midstream and downstream sectors, kept mum over the development as phone calls and text messages to its spokesman, Kimchi Apollo were not responded to.
LEADERSHIP checks showed that there were long queues at filling stations across the Federal Capital Territory, yesterday, raising fears of yet another round of petrol scarcity in the nation’s capital, Abuja.
Specifically, checks around the city centre showed that most outlets operated by both major and independent marketers were shut while queues were observed at Conoil and Total filling stations opposite NNPC Towers. Queues were also noticed at NNPC Mega station as well as two stations in the Wuse area of the city.
Similar long queues were observed in Lagos and environs, yesterday, as the independent marketers were seen selling the product over N250 per litre while the major marketers and the Nigerian National Petroleum Company sold it at N170 and N169 per litre respectively.
LEADERSHIP checks showed that there were long queues at filling stations across the Federal Capital Territory, yesterday, raising fears of yet another round of petrol scarcity in the nation’s capital, Abuja. Long queues were observed at Conoil filling stations opposite NNPC Towers, while the Total filling station was shut.
Queues were also noticed at NNPC Mega station as well as two stations in the Wuse area of the city.
Similar long queues were observed in Lagos and environs, yesterday, as the independent marketers were seen selling the product over N250 per litre while the major marketers
In Lagos and Ogun states, fuel price in Magboro by Prayer City behind were varied. The three filling stations inside Magboro, Amuf NIPCO and Feromem filling stations sell between N300 and N450 per litre,
NNPC Retail Outlet around Ile-Epo Oja in Alimosho Local Government area of Lagos State is selling at N184 per litre.
TechnOil at Hamadiyyah, Lagos Abeokuta Expressway was selling at N220.
With these developments it appears the federal government may have commenced gradual removal of the petrol subsidy as pump price of the product simultaneously rose to above N185 per liter on Thursday.
Government had earlier announced implementation of the withdrawal in April 2023, about three months ahead of the initial plan to effect a complete stop to the expenditure.
