A few hours after the Minister of State for Petroleum Resources, Heineken Lokpobiri, denied reports of increase in the pump price of Premium Motor Spirit (PMS) popularly called petrol, the Nigerian National Petroleum Company (NNPC) Limited has increased the price of the product across its retail outlets.
The pump price of the product was increased from the current ₦568 to ₦897 per litre across several retail outlets as the lingering fuel scarcity and crisis in the country bites harder.
It sells for ₦885/litre at some other NNPC outlets across Lagos State.