Fuel Subsidy: Petrol Price Increases to N617 Per Litre
The Nigerian National Petroleum Company Limited (NNPCL) has further increased pump prices of Premium Motor Spirit (PMS), known as petrol, from N537 to N617 per litre. This is the second increase following the official removal of petrol subsidy by President Bola Ahmed Tinubu in his inaugural speech in May, when the pump price first jerked…