NMDPRA says the 15% import duty on petrol and diesel imports is no longer under consideration, assuring steady supply nationwide.
The Nigerian National Petroleum Company Limited (NNPCL) has quietly increased the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦992 per litre, up from ₦865 per litre, sparking fresh concerns over the rising cost of living and fuel scarcity across the country.
As of press time, no official explanation had been issued by the company or government authorities regarding the sudden adjustment.
During visits to several NNPC retail outlets by The Nation, attendants were seen recalibrating their pumps to reflect the new price. At the NNPC filling station on Ogunusi Road, Ojodu Berger, attendants confirmed receiving instructions to adjust the price to ₦992 per litre.
“We were directed to change the price to ₦992 this morning,” one attendant told The Nation, declining to give further details.
However, a check at the NNPC station in Ibafo, along the Lagos–Ibadan Expressway, showed that some outlets still displayed the old price of ₦875 per litre — but none were dispensing fuel to motorists.
Across parts of Lagos and Ogun States, many NNPC-owned stations remained closed or dry, leaving long queues at a few private outlets still selling at higher prices.
The latest increment adds to growing public frustration over rising energy costs, inflation, and economic hardship, barely months after President Bola Tinubu’s administration assured Nigerians of stable fuel supply and gradual relief.
As of Monday evening, the NNPCL had yet to issue an official statement explaining the new pricing template or whether it reflects changes in import landing costs, exchange rates, or market deregulation policies.
THE NATION
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