The pump price of premium motor spirit (PMS), commonly referred to as gasoline, has been lowered by the Nigerian National Petroleum Company (NNPC) Limited to N915 per litre in Lagos and N955 per litre in Abuja.
On Monday, it was noted that NNPC retail locations in Lagos were selling the
product for N915 per litre, which was N50 more than the previous price of N865
per litre.
The product's pricing at the national oil company's Abule Ado retail location
in Lagos increased to N915 per litre.
Similarly, the price of gasoline was raised to N915 per litre at two NNPC
retail locations on Ago Palace Way in Okota.
Additionally,
NNPC retail locations in Abuja raised the product's price from N890 per litre
to N955 per litre.
At the NNPC retail station on the Kubwa Expressway in Abuja, the price of
gasoline went up to N955 a liter.
Residents of Jigawa, Ondo, and Lagos paid the highest retail prices for
gasoline in June, according to data released by the National Bureau of
Statistics (NBS) on July 31.
On the other hand, the agency reports that Yobe, Kogi, and Imo paid the lowest
average retail prices, at N950.60, N986.67, and N987.86, respectively.
A week after cutting the price to N840, the Dangote refinery lowered the
ex-depot price of gasoline to N820 per liter last month.
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