Fuel Shock: NNPC Raises Petrol Price to N992 Per Litre Across Nigeria

Premium Motor Spirit (PMS), commonly referred to as gasoline, now costs ₦992 a litre, up from ₦865 previously, due to a recent increase by the Nigerian National Petroleum Company Limited (NNPCL).

There was no formal explanation for the abrupt raise as of Monday.

When The Nation visited a number of NNPC retail locations, attendants were observed modifying their pumps to reflect the updated rate.

The petrol attendants at the NNPC station on Ogunusi Road, Ojodu Berger, Lagos, acknowledged that they had received instructions to adjust the price to ₦992 per liter.

NNPC stations at Ibafo, along the Lagos–Ibadan Expressway, were not supplying passengers with fuel, but they were still showing the previous price of ₦875 per liter.

The availability issue was made worse by the fact that several other NNPC stations were also not selling gasoline at the time this report was filed.

Allegations of “dirty fuel” are denied by Dangote Refinery.
The price increase was announced a few days after the Dangote Refinery refuted claims that it brought high-sulfur gasoline into Nigeria.

The refinery’s management denied the allegations in a statement on Friday, calling them “false, malicious, and misleading.”

Following media reports that claimed Dangote Refinery had imported high-sulfur catalytic gasoline from the United Kingdom, with a sulphur level of up to 690 parts per million (ppm), significantly higher than Nigeria’s legal limit of 50 ppm under the Clean Fuels policy, the correction was issued.

As part of its commitment to environmental safety and quality standards, the refinery maintained that it was not accountable for the importation of any unclean fuel.