NNPC Ltd mum as state oil company hikes petrol price, second time in October

The Nigerian State Oil Company, Nigerian National Petroleum Company Ltd (NNPCL) has maintained a silence of the graveyard as it adjusted the pump prices of the Premium Motor Spirit (PMS), for the second time in October 2024.

The national oil firm raised the retail price of petrol in Abuja to N1,060 from the N1,030 per litre, while in Lagos, it was confirmed that NNPCL stations increased the unit price of the commodity from N998 to N1,025 per litre.

The new petrol price in Abuja is an increase of N30 from the old price, while in Lagos it marks an increase of N27.