The price of petrol has been raised by the Nigerian National Petroleum Company Limited.
According to our news source, NNPCL retail locations in Wuse Zones 6 and 4 have raised the price of gasoline at the pump from N890 to N905 per liter.
This indicates that the nation's largest oil company raised its fuel pump by N15, or 1.7%.
Abubakar Maigandi, president of the Independent Petroleum Marketers Association of Nigeria, blamed the increase on supply disruptions brought on by the Dangote Refinery conflict and the Petroleum and Natural Gas Senior Staff Association of Nigeria.
However, he said that its members cost between N885 and N895 per liter to dispense gasoline.
"The disruption caused by PENGASSAN's strike is to be blame." He said, "But members still sell at N885 and N895 per litre."
Remember the two-day strike action that resulted from PENGASSAN's dispute with
Dangote Refinery over the mass termination of Nigerian employees?
But after the federal government stepped in, the strike action was put on hold.