The Nigerian National Petroleum Company Limited (NNPCL) has adjusted the prices of Premium Motor Spirit (PMS), also known as petrol, at its various filling stations across the country.
This follows the decision of President Bola Tinubu to start immediate implementation of petrol subsidy removal in the country.
A statement issued by the NNPCL Chief Corporate Communications Officer, Garba Deen Muhammed, states: “NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump prices of PMS across our retail outlets, in line with current market realities.
“As we strive to provide you with the quality service for which we are known, it is pertinent to note that prices will continue to fluctuate to reflect market dynamics.
“We assure you that NNPC Limited is committed to ensuring a ceaseless supply of products.
“The company sincerely regrets any inconvenience this development may have caused.
“We greatly appreciate your continued patronage, support, and understanding during this time of change and growth.”
The new pump prices, which took effect on Wednesday morning, range from N537 in Abuja, N515 in Ilorin, the Kwara State capital; N537 in Lokoja, the Kogi State capital; N550 in Yola; N557 in Maiduguri; N540 in Kano; N545 in Kebbi, Birnin Kebbi, N500 in Ekiti, Ekiti state and N488 in Lagos State.