By Ayo Kehinde
The Nigeria National Petroleum Company Limited, NNPCL has announced the increase of the pump price of Petrol from N617/litre to N897)litre effective September 3, 2024. This increase followed the admission by the company that it was indebted to it’s suppliers to the tune of $6 billion.
Below is the announcement by its subsidiary:
PMS PRICE REVIEW
Good Morning All,
This is to inform you that NNPC Retail Management has approved upward review of PMS pump price from N617/itre to N897/liter effective today, 3rd September, 2024.
Please ensure all your pumps and totems (price boards)/MIDs reflect the new PMS price of N897/liter.
Thank you