Many NNPCL outlets in Lagos today sold a litre of petrol for ₦998, about ₦150 higher than the initial price of ₦855.
Long queues were observed at NNPCL outlets at Abule-Egba, U-turn, Abbatoir, and others around the axis as the sudden increase set motorists and transporters in panic-buying mode.
Many filling stations not owned by the NNPCL immediately followed suit as they also incrementally adjusted their pump prices, with many selling as high as ₦1050 in many parts of Lagos.
In Abuja, the situation was not anyway different as NNPCL retail outlets hiked the price of the essential commodity from ₦897 to ₦1,030.
The fresh increase followed the September 2, 2024 increase by the NNPCL. The retail company had hiked the price per litre of petrol from ₦568 to ₦855, sparking outrage.
