The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of premium motor spirit (petrol) following a price adjustment by the Dangote Refinery.
A market survey in Abuja on Thursday showed that NNPCL retail outlets raised petrol prices to N1,364 per litre from N1,295, reflecting an increase of N69 per litre.
The new pricing has been implemented across several locations, including Gwarimpa, Kubwa Expressway, Wuse Zone 6, and Zone 4.
Other filling stations, including MRS Oil Nigeria and BOVAS Group, have also raised their pump prices to between N1,365 and N1,370 per litre.
The development follows a move by Dangote Refinery to increase its gantry price by N75 to N1,275 per litre from N1,200, citing a rise in global crude oil prices above $115 per barrel.