EXPLAINER:Why NNPC, Other Oil Marketers Raised Petrol Price From N537 To N617 Per Litre

On Tuesday morning, Nigerians woke up to be greeted with a new pump price of Premium Motor Spirit popularly called petrol.

The Nigerian National Petroleum Company Limited in the early hours of Tuesday raised the pump price of petrol from N537 per litre which was the price when fuel subsidy was removed by President Bola Tinubu on May 29 this year to N617 per litre.

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