- The Nigerian National Petroleum Company (NNPC) Limited has confirmed the adjustment of petrol prices
- The changes have already been effected across its retail outlets in line with current market realities
- Following President Bola Tinubu’s declaration of an end to fuel subsidy, the pump price of petrol has skyrocketed from N185 to almost N550 per litre
The Nigerian National Petroleum Company (NNPC) Limited has officially confirmed the adjustment of pump prices for Premium Motor Spirit (PMS), popularly known as petrol, across its retail outlets nationwide.
The announcement comes amidst recent market fluctuations, as stated in a press release on Wednesday, May 31, 2023.