Amidst economic hardship in Nigeria, the administration of President Bola Tinubu through the Nigerian National Petroleum Company Limited (NNPCL) has increased pump price of petroleum.
In line with the new increment, Nigerians in Lagos and Abuja buy petrol for N1,025 and N1,060 per litre respectively.
In October, petrol prices was N1030 in Abuja, N998 in Lagos in NNPCL filling stations, while other petrol stations sold between N1, 150 and N1200 per litre.
NNPCL petrol stations have displayed the reviewed price at their various stations in Lagos and Abuja.
The upward review came amid current economic problems capable of exacerbating the burden of Nigerians battling rising cost of living.
Since Tinubu assumed office on May 29, 2023, announcing end of fuel subsidy, petrol price has increased from N145 to over N1000, worsening cost of living in the country.
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