The Nigerian National Petroleum Company (NNPC) Limited has fixed the price of Premium Motor Spirit (PMS), popularly known as fuel or petrol, at N617 per litre at the peak.
A visit to an NNPC filling station in the Central area of Abuja by this reporter confirmed that the fuel price has now been adjusted from N539 to N617 per litre.
Another Customer who confirmed this development simply said “It is true, I just bought at N617 per liter,”
The immediate reason could not be ascertained but it is not unconnected to the recent projections by oil marketers that fuel price will hit N700 per litre soon.
Details later!
