Petrol price hits N151.56 per litre

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The pump price went as low as N123.50 per litre only four months ago.
The adjustment is effective immediately [Reuters/Afolabi Sotunde]

The price was raised from the N138.62 per litre that was announced in August.

The downstream subsidiary of the Nigerian National Petroleum Corporation (NNPC) told industry stakeholders that the adjustment is effective immediately.

“Please be informed that a new product price adjustment has been effected on our payment platform,” the memo read.

The pump price went as low as N123.50 per litre only four months ago, but has continued to climb ever since then.

Source: Pulse Nigeria

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