The Nigerian National Petroleum Company Limited has increased the pump price of Premium Motor Spirit by about N254 above current around the country.
While the prices would be higher in retail outlets of independent and major marketers, NNPC Retail would sell in Abuja N897, in Kano, pump has been fixed for N904, while Yola is trading at N924 per litre.
This comes barely five hours after Dangote released products from its refinery to supply an initial 25 million litres of PMS into the domestic market this September.
The company is now expected to subsequently increase this amount to 30 million litres daily from October 2024.