BREAKING: Petrol hits N617 per litre in Abuja

The price of Petrol, known as Premium Motor Spirit (PMS), has increased from 537 to 617 naira Per litre in the Federal Capital Territory.

The correspondent who monitored the petrol situation in Maitama, Wuse, Gwarimpa, Jabi, Wuye, and Kubwa areas of Abuja reports that there are long queues in filling stations still selling at the old price.

Moststations have adjusted their pump prices to N617 to N620, but AA Rano, Nipco in Jabi, and a few other places are still selling the old price.

Also, the Nigerian National Petroleum Company Limited (NNPCL) station is selling at the new price.

A fuel attendant who pleaded anonymity said that they would adjust their pump price before the end of today.

A customer who confirmed this development, Mr. Emma Uzor, said that it is a terrible situation.

“We are still battling with the new price, and after two months they increase it again; this is not fair to the masses.

“Without information or reasons for the increment, how do they want the poor masses to survive? The salaries have not been increased, and food prices have risen.

“The government should go back to their drawing board and come up with a favourable conclusion from the citizens,” Uzor said.

Supreme News reports that the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NDMPRA) and oil marketers have yet to make any announcements.

Recall that in May, a day after President Tinubu was sworn into power, the Nation’s Apex Petrol Station increased the fuel price from N195 per litre to N537 per litre.

The development was occasioned by Tinubu’s inaugural speech, where he said fuel subsidies would be removed.