NNPCL Again Increases Fuel Pump Price In Lagos And Abuja

NNPC Says It's Losing $150m To Vandals Every 48hrs

The Nigerian National Petroleum Company Limited (NNPC) has changed the fuel pump price once more. The new price, which is effective immediately, is N1,025 per liter in Lagos and N1,060 per liter in Abuja.

Aliko Dangote, chairman of the Dangote Group, blamed recurring shortages and lengthy lines at filling stations across Nigeria on marketers‘ refusal to transport supplies from his refinery.

In an interview with journalists at the Presidential Villa in Abuja on Tuesday, Buhari stressed the refinery’s ability to handle the nation’s gasoline demands. He asked petroleum sellers to take quick measures to address the problem.

When asked why the waits remain despite his refinery’s production, Dangote responded: “With adequate crude oil, we can produce much more than 30 million liters per day. At full capacity, we can supply whatever is being consumed.”