I’m not aware of fresh increase in petrol pump price, says NNPC’s spokesman

The Spokesperson of Nigerian National Petroleum Company Limited (NNPCL), Mr. Olufemi Soneye, has denied knowledge of any fresh increase in the pump price petrol across its retail outlets.

Soneye’s rebuttal comes amid reports earlier on Tuesday that NNPCL had increased petrol pump to from N1,030 per litre to N1060 in Abuja.

He, however, said: “There is no increase in gasoline price that I am aware of.”

Similarly, spokesperson of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, said NNPCL’s ex-depot price has not changed.

“For independent marketers, we have experienced a fresh price hike as I am speaking with you. NNPCL still sells to us at the same price.

“For Port Harcourt, it is N1040 per litre; Abuja and Lagos are around N990 per litre,” he said on Tuesday.

Earlier, the President of Dangote Group, Aliko Dangote, said petroleum marketers are ignoring its refinery’s 500 million litres of fuel.

On 9 October 2024, NNPCL increased its petrol price to N1,030 per litre.

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